Financial News
Financial News for the Week of November 20, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK COVID-19 concerns took center stage again this week as cases surged to new daily records. This overshadowed optimism on vaccine progress and mostly positive economic data, with U.S. equity markets trending…
Financial News for the Week of November 13, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Good news on the vaccine front cheered financial markets early in the week. However, as the week wore on and COVID-19 infections worsened, that optimism started to fray a bit. Many jurisdictions…
Financial News for the Week of November 6, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Four days of vote counting has not yet produced a clear winner in the presidential election, with the Senate in a tight race and the House won by Democrats. There was no change to the policy…
Financial News for the Week of October 30, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Financial markets tumbled this week as worsening coronavirus caseloads fueled concerns about the global economic outlook. The S&P 500 is on track to end the week 6% below last week’s close.…
Financial News for the Week of October 23, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Covid-19 infections continued to rise this week, nearing record highs set in July. Concerns regarding this trend weighed on markets, but progress on a new stimulus package helped improve the mood…
Financial News for the Week of October 16, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Covid-19 infections are surging in much of the world, prompting new restrictions in Europe and dampening market sentiment early in the week. U.S. data painted a clear picture of pandemic life.…
Financial News for the Week of October 9, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Fiscal policy (or lack thereof) drove much of the news cycle this week. On the same day the Federal Reserve Chair made the case for more fiscal support, President Trump tweeted that negotiations…
Financial News for the Week of October 5, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Following a four-week losing streak, U.S. financial markets regained some gusto, buoyed by optimism on the prospect of a new stimulus package. The labor market continues to mend, albeit at a…
Financial News for the Week of September 25, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Major U.S. equity markets edged lower this week, extending their losing streak to four weeks. This came alongside an uptick in new COVID-19 cases and growing evidence that the economic recovery…
Financial News for the Week of September 18, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States The Federal Reserve is not likely to increase interest rates until at least end-2023, however, this has not been enough to quench investors’ thirst for more liquidity. Retail sales strengthened…