Archive for October 2021

Presented by Nicholas Wealth Management October 25th, 2021   Weekly Market Update In this week’s recap: Strong week on Wall Street, despite concerns with inflation, supply chain, and other matters. Stocks rallied last week on a stream of positive corporate earnings surprises. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500…

Presented by Nicholas Wealth Management October 11th, 2021   Weekly Market Update In this week’s recap: Debt ceiling raised until December; employment numbers paint confusing picture. The overhang of bumping against the federal debt ceiling was lifted last week with an agreement to extend the debt ceiling through early December, helping propel stocks to a…

Presented by Nicholas Wealth Management October 4th, 2021   Weekly Market Update In this week’s recap: Stalemate in the Capitol; Powell says inflation may stay longer than expected. Higher bond yields and a legislative stalemate in Washington, D.C., added up to losses for the week. The Dow Jones Industrial Average declined 1.36%, while the Standard…