THE WEEK ON WALL STREET – October 8, 2019

The fourth quarter started with a mixed week for equities. A slip for an index of U.S. manufacturing activity proved to be a market mover, more so than the latest jobs report. The Dow Jones Industrial Average lost 0.92% for the week; the S&P 500, 0.33%. In...

THE WEEK ON WALL STREET – October 1, 2019

Stocks retreated last week. Traders worried that the formal impeachment inquiry of President Donald Trump might distract White House officials from their pursuit of a trade deal with China and shift the focus of Congress away from consideration of the United...

THE WEEK ON WALL STREET – September 24, 2019

Investors reacted to two major news items last week, one far more of a surprise than the other. The Federal Reserve did indeed make a rate cut, matching Wall Street expectations. Drone strikes on two of the world’s largest oil fields brought a shock to the...

THE WEEK ON WALL STREET – September 17, 2019

Stocks edged toward all-time peaks during a relatively calm week marked by easing trade tensions. Friday marked the eighth straight daily advance for the Dow Jones Industrial Average.1 Small-cap shares, as tracked by the Russell 2000 index, rose 4.85% in five days....

THE WEEK ON WALL STREET – September 10, 2019

Stocks rose last week, with help from two developments: the announcement of further U.S.-China trade talks as well as August hiring and manufacturing numbers that seemed to bolster the argument for a rate cut by the Federal Reserve. The broad U.S. equity market, as...

THE WEEK ON WALL STREET – September 4, 2019

Fears of an impasse in the U.S.-China trade dispute lessened last week. While additional U.S. tariffs on Chinese imports were scheduled to take effect on September 1, China’s government communicated that it would refrain from taking retaliatory measures for the...