Economy

Presented by Nicholas Wealth Management January 11th, 2022   Weekly Market Update In this week’s recap: Hawkish Fed sees bonds higher and stocks retreat. A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year.   The Dow Jones Industrial Average fell 0.29%, while the Standard…

Presented by Nicholas Wealth Management January 3rd, 2022   Weekly Market Update In this week’s recap: Despite Omicron concerns, stocks end year are mostly positive, with strong holiday sales figures. Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron infections receded.  …

Presented by Nicholas Wealth Management December 20th, 2021   Weekly Market Update In this week’s recap: Fed tightens monetary policy. Stock prices retreated last week as global central banks joined the Federal Reserve is taking steps to tighten monetary policy. The Dow Jones Industrial Average fell 1.68%, while the Standard & Poor’s 500 dropped 1.94%.…

Presented by Nicholas Wealth Management December 13th, 2021   Weekly Market Update In this week’s recap: Milder Omicron news boosts stocks. A more benign reassessment of the possible economic risk posed by Omicron sent stocks sharply higher last week. The Dow Jones Industrial Average picked up 4.02%, while the Standard & Poor’s 500 advanced 3.82%.…

Presented by Nicholas Wealth Management December 6th, 2021   Weekly Market Update In this week’s recap: Market copes with unpleasant news; Powell surprises, Omicron concerns, and a less than stellar jobs report disappoints. Stocks took investors on a wild ride last week as the Omicron variant and Fed comments upended market expectations. The Dow Jones…

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…

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…

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…

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…

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…