The Week on Wall Street – May 26, 2020

Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock market last week. The Dow Jones Industrial Average rose 3.29%, while the Standard & Poor’s 500 advanced 3.20%. The...

NOTE FROM PHIL

Status update: Don’t forget to let us know if your work situation has changed as it could lead us to manage your portfolio a little differently. So far some really good news is that our clients’ situations have not changed too much from a work and cash...

THE WEEK ON WALL STREET – May 12, 2020

Despite an historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings here and abroad. The Dow Jones Industrial Average gained 2.56%, while the Standard & Poor’s 500 advanced...

THE WEEK ON WALL STREET – May 5, 2020

Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average slipped 0.22%, while the Standard & Poor’s 500...

THE WEEK ON WALL STREET – April 28, 2020

Stock prices bounced around last week as investors reacted to wild swings in the price of oil and reports that called into question the efficacy of two potential virus treatments. The Dow Jones Industrial Average retreated 1.93%, while the Standard & Poor’s...