Showing entries with the service “Defined Benefit Services”.
29
Jun 2020This Week's Market Moves: June 29, 2020
Stock prices delivered modest gains this week, with the S&P 500 index rebounding 1.9%. A stronger-than-expected retail sales report, along with hopes for additional stimulus, helped stocks erase some of last week’s sharp losses. Here are some other insights on the market and the economy from this we…
Read more24
Jun 2020The Job Market is on the Mend, But It Still Has a Long Way to Go
Sources: NY Times and Federal Reserve Bank of St. Louis Market Observations The latest jobs report had a glimmer of hope that the economy may be recovering more quickly than expected, with a surprise 2.5 million increase in jobs and a decline in the unemployment rate from 14.7% to 13.3% in May. …
Read more22
Jun 2020This Week's Market Moves | June 22, 2020
Stock prices delivered modest gains this week, with the S&P 500 index rebounding 1.9%. A stronger-than-expected retail sales report, along with hopes for additional stimulus, helped stocks erase some of last week’s sharp losses. Here are some other insights on the market and the economy from this we…
Read more15
Jun 2020This Week's Market Moves | June 15, 2020
The S&P 500 index tumbled 4.7% this week, as concerns about a possible second wave of coronavirus infections and the Fed’s downbeat economic outlook dashed hopes of a quick, V-shaped recovery. Here are some other insights on the market this week: The S&P 500’s impressive climb back into positive …
Read more08
Jun 2020This Week's Market Moves | June 8, 2020
Stocks soared at the end of the week, as the U.S. jobs report unexpectedly surprised to the upside, with 2.5 million jobs created in May. This puzzling, but encouraging, news lifted all major indices, with the S&P 500 index climbing nearly 5% this week. Here are some additional insights on the marke…
Read more27
May 2020Chart of the Month: A Decade of Job Gains Wiped Out in a Single Month
While the weekly data on unemployment filings has foreshadowed the catastrophic nature of the job losses, the April jobs report confirmed just how brutal it has been. Learn more in May's Chart of the Month.
Read more26
May 2020This Week's Market Moves | May 26, 2020
U.S. stock prices finished the week higher due to optimism about the re-opening of the economy and some encouraging early test results for a potential coronavirus vaccine. Below are some additional insights on the factors that drove the markets last week. Stocks finished the week modestly higher…
Read more11
May 2020This Week's Market Moves | May 11, 2020
Despite the grim jobs report for April, stocks continued to accelerate, with the S&P 500 gaining about 3.6%. Here is whatdrove the markets this week: The unstoppable recovery in stock prices continued this week. Optimism about the re-opening of America, a slowing number of infections, and massive s…
Read more20
Apr 2020This Week's Market Moves | April 20, 2020
Plans to re-open the U.S. economy overshadowed the terrible economic news that came out this week. Here are some other highlights for the week: Plans to re-open the U.S. economy and the encouraging news of an effective drug treatment for COVID-19 lifted stock prices last week. As of the close of…
Read more13
Apr 2020This Week's Market Moves | April 13, 2020
The markets ended the shortened holiday week with a better tone. Positive developments on the coronavirus and some new Federal Reserve actions improved market sentiment and led to the largest weekly gain in the S&P 500 index since 1974. Learn more about last week's market highlights.
Read more