U.S. equity markets keep rising this year, but prices have been gyrating more and more quickly in recent trading as investors have been spooked by September’s abysmal jobs report, relentlessly rising prices, and shortages of key goods that could last for months. But those worries of hard facts and solid data are soon forgotten as...
Tag: oct 19 2021
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MARKET OVERVIEW
Concerns that rising COVID cases and increasing inflation would derail corporate profits are not showing up in the numbers. The U.S. Stock markets rode the roller coaster back up last week, powered by banks’ heady earnings reports to close their best weekly showing in months. Investors also were cheered by September’s 0.7 percent rise in...