Category: Monthly Economic Update


Monthly Economic Update September, 2021

Monthly Economic Update September, 2021

U.S. Markets Signs of an improving labor market, strong corporate earnings, and more clarity from the Fed on its tapering plans propelled stocks to multiple record highs during August. The Dow Jones Industrial Average gained 1.22 percent while the Standard & Poor’s 500 Index rose 2.90 percent. The Nasdaq Composite led, picking up 4.00 percent.1  … Read more

Monthly Economic Update August, 2021

Monthly Economic Update August, 2021

U.S. Markets Last month, the stock market posted a solid gain, overcoming investors’ fears of higher inflation and an increase in COVID-19 cases. The Dow Jones Industrial Average picked up 1.25 percent, while the Standard & Poor’s 500 Index gained 2.27 percent. The Nasdaq lagged, climbing 1.16 percent.1 A Wall of Worry Climbing a wall  … Read more

Monthly Economic Update July, 2021

Monthly Economic Update July, 2021

U.S. Markets Stocks moved higher last month as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. The Dow Jones Industrial Average slipped 0.07 percent, but the Standard & Poor’s 500 Index rose 2.22 percent. The Nasdaq Composite led, gaining 5.49 percent.1 Solid Earnings Stock prices moved erratically throughout May as investors  … Read more

Monthly Economic Update June, 2021

Monthly Economic Update June, 2021

U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the Standard & Poor’s 500 Index rose 0.55% percent. The Nasdaq Composite, home for many technology and high-growth companies, dropped 1.53 percent.1 Solid Earnings Stock prices moved  … Read more

Monthly Economic Update May, 2021

Monthly Economic Update May, 2021

U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally on Wall Street. The Dow Jones Industrial Average gained 2.71 percent while the Standard & Poor’s (S&P) 500 Index picked up 5.24 percent. The Nasdaq Composite led, climbing 5.40 percent.1 Signs of Recovery  … Read more

Monthly Economic Update April, 2021

Monthly Economic Update April, 2021

U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields dragged on technology and high-growth stocks. The Dow Jones Industrial Average led, picking up 6.62%. The Standard & Poor’s 500 Index rose 4.24% while the tech-heavy Nasdaq Composite added 0.41%.1. Bonds Take Center Stage The month  … Read more

Monthly Economic Update February, 2021

Monthly Economic Update February, 2021

In this month’s recap: As the month came to a close, stocks were mixed as attention shifted to unprecedented activity around a handful of companies with short-interest positions. U.S. Markets  Stocks were mixed in January, giving up much of the month’s gains in the final days of trading, as unprecedented activity in a handful of  … Read more