Solis Wealth Economic Update – July 5, 2021
Strong employment reports and rising consumer confidence sent the stock market broadly higher last week.
Strong employment reports and rising consumer confidence sent the stock market broadly higher last week.
Stocks reached new all-time highs last week as markets staged a strong rebound from the previous week’s declines.
New messaging from the Federal Reserve on interest rates and inflation last week led to a broad retreat in stock prices.
Stocks ended the week mixed as investors appeared to shrug off a hotter-than-expected inflation report…
A strong, but not too strong, employment report sparked a rally on the final day of trading, propelling stocks to a modest gain for the week.
Optimism over the economic reopening and renewed enthusiasm for technology and other high-growth companies powered the stock market higher last week.
Stock prices fluctuated amid inflation concerns and bargain hunting, leaving stocks mixed for the week.
A surge in consumer inflation unsettled investors, leading to a turbulent week of trading on Wall Street.
Stocks closed mixed last week as signs of continued economic recovery and upbeat earnings helped some sectors while the struggles persisted for high-growth companies.
Stocks meandered around a flatline in a busy week of corporate earnings, ending the trading week slightly lower.
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