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PGWM, LLC
- Feb 20
- 10 min
Stocks Lose Steam in Final Minutes
U.S. equities finished a choppy session mixed and very near the flatline, with the Dow the only major index able to notch a weekly gain, while posting fresh records along the way. The moves came amid a host of global February business activity reports, headlined by strong reads on manufacturing output and bolstered by the fastest pace of U.S. services sector growth since March 2015. Moreover, Treasury Secretary Janet Yellen continued assertion to "go big" on fiscal relief add
40
Charles Schwab
- Feb 12
- 10 min
Stocks End Session Higher and Notch Weekly Gains
U.S. stocks were able to finish higher across the board and post weekly gains heading into the Presidents' Day holiday weekend, with Walt Disney Company being a drag on the Dow and keeping the blue chip index near the flatline, despite its Disney+ performance helping it post an unexpected Q4 profit. Signs of progress on COVID-19 vaccine rollouts, improving virus case trends in the country and elevated expectations of further fiscal relief continued to be the catalysts in the
30
PGWM, LLC
- Feb 5
- 11 min
Bulls Shrug Off Soft Labor Report, Post Solid Weekly Gains
U.S. equities finished higher, to cap off a week of gains and recapturing all of last week's declines, despite another monthly nonfarm payroll report that showed the sobering impact of the pandemic. Optimism of further fiscal relief after the Senate paved the way for a new bill to be signed appeared to overshadow the much softer-than-expected jobs report. Meanwhile, another dose of encouraging COVID-19 vaccine news also buoyed the markets, courtesy of Dow member Johnson & Joh
40
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