Weekly Economic Update: November 29th, 2021

Presented by Nicholas Wealth Management November 29th, 2021   Weekly Market Update In this week’s recap: COVID-19 variant clobbers markets. News of a new, highly virulent COVID variant triggered a market sell-off on Friday, sending stocks into negative territory for the week. The Dow Jones Industrial Average slid 1.97%, while the Standard & Poor’s 500…

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Weekly Economic Update: November 22nd, 2021

Presented by Nicholas Wealth Management November 22nd, 2021   Weekly Market Update In this week’s recap: Markets react to growing COVID-19 infections and potential successor to Powell. Stocks were mixed last week in choppy trading as investors battled the crosscurrents of good economic data and a troubling rise in COVID-19 infections globally. The Dow Jones…

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Weekly Economic Update: November 15th, 2021

Presented by Nicholas Wealth Management November 15th, 2021   Weekly Market Update In this week’s recap: Stocks tap the brakes after signs of higher inflation. Stocks posted small declines last week as investors digested recent stock market gains and unexpectedly high inflation read. The Dow Jones Industrial Average slid 0.63%, while the Standard & Poor’s…

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Weekly Economic Update: November 8th, 2021

Presented by Nicholas Wealth Management November 8th, 2021   Weekly Market Update In this week’s recap: Tapering news, profits, and other encouraging data lifts stocks. A Federal Reserve announcement on tapering, a fresh batch of corporate profits, and encouraging economic data lifted stocks to another weekly gain. The Dow Jones Industrial Average rose 1.42%, while…

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Weekly Economic Update: November 2nd, 2021

Presented by Nicholas Wealth Management November 2nd, 2021   Weekly Market Update In this week’s recap: Earnings build while GDP slows. A fresh wave of positive corporate earnings surprises sent markets to new record highs last week. The Dow Jones Industrial Average increased 0.40%, while the Standard & Poor’s 500 rose 1.33%. The Nasdaq Composite…

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