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Go to AdvisorCentral™U.S. stocks posted solid gains in a holiday-shortened week; most overseas markets finished in the black. Positive June employment data helped optimism counterbalance simmering U.S.-China tensions and Covid-19 reacceleration.
U.S. stocks fell for the week as coronavirus cases surged; upbeat economic data somewhat countered the pandemic narrative but couldn’t quell rising volatility.
Stocks posted gains across the globe. Central bank policy and economic data set a positive tone, though markets faltered after Apple announced store closings due to rising coronavirus cases.
Stocks pulled back across the globe, breaking a three-week string of gains. Among the factors blamed were the disconnect between the market rally and the macroeconomic backdrop and an uptick in coronavirus infections.
U.S. equities posted a third straight week of strong gains. Beside a surprisingly strong U.S. jobs report, the biggest tailwind was massive fiscal and monetary stimulus; investors also focused on upticks in monthly economic data.
Stocks around the globe posted gains for the week. Concerns of renewed trade tensions with China slowed but did not stop market gains.
Stocks finished a strong week higher as optimism for a potential coronavirus vaccine and the reopening of the U.S. economy won out over renewed U.S.-China geopolitical tensions and the ongoing deterioration of the U.S. labor market.
Stocks posted weekly losses as declining economic conditions, elevated volatility and rising trade-tension risk weighed on sentiment. Nonetheless, markets partially recovered Friday as April industrial production and May manufacturing and consumer sentiment came in better than expected.
Stocks posted a week of solid gains as markets focused on an April jobs report that wasn’t as bad as feared, expectations of continued fiscal and monetary policy support and signs of easing U.S.–China trade tensions.
U.S. Stocks finished a mixed week lower, as somber comments from Technology giants overshadowed their otherwise positive earnings results.