WEEKLY ECONOMIC UPDATE
In this week’s recap: Continued COVID-19-related volatility in the markets as oil and energy prices sink in reaction.
An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package…
The stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic spread of the coronavirus.
Markets remained exceptionally volatile, buffeted by the spreading impact of coronavirus, uncertain responses from federal policymakers, and the sudden drop in oil prices.
In this week’s recap: U.S. stocks finish higher after a wild trading week; the Federal Reserve cuts short-term interest rates; Treasury yields decline; the latest jobs report out of Washington shows no falloff for hiring.