Economic update for the week ending August 19, 2017

Stocks drop for second week – Political drama and a terrorist attack in Barcelona weighed on investors and were attributed by analysts as the cause of stocks to fall this week. Stocks are now off about 2% from their all time highs just two weeks ago. The Dow Jones Industrial Average ended the week at 21,674.51, down from ...

Economic update for the week ending July 29, 2017 

Stock markets mixed this week – The Dow was up as corporate earnings of DOW companies are beating expectations. The Nasdaq and S&P were unchanged. The Dow Jones Industrial Average ended the week at 21,830.21, up from 21,580.07 last week. The S&P 500 closed the week at 2,472.10, unchanged from its close last week of 2,472.55.   The NASDAQ closed the week  at ...

Economic update for the week ending May 27, 2017

Stock markets hit record highs this week – Stocks rose this week on rising oil prices, better results from retailers, and an upgraded revision in the first quarter GDP. Oil prices which dropped in 2015 and 2016 put pressure on energy stocks in the last couple years. This year they were rising before falling  in ...

Economic update for the month ending April 30, 2017

Stocks markets rise in April –  Stocks declined in the first two weeks of the month after disappointing March job gains, a decline in the pace of wage gains, lower retail sales, and a decline in the CPI rate were announced. Stocks rallied in the final week of April as first quarter earnings that beat expectations ...