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WEEKLY RATE INFORMATION
Market Index
¹ Excludes dividends
Sources: Yahoo! Finance, U.S. Dept of the Treasury, U.S. EIA, Barchart (SWAADY10.RT), Bloomberg, World Gold Council
¹ Excludes dividends
Sources: Yahoo! Finance, U.S. Dept of the Treasury, U.S. EIA, Barchart (SWAADY10.RT), Bloomberg, World Gold Council
Stocks Advance in Busy Week for Economic Reports: Markets Wrap

Stocks advanced in a busy week for economic data, with inflation remaining at the forefront of the investment debate.

Most major groups in the S&P 500 rose, led by commodity, financial and industrial shares. Moderna Inc. rallied after agreeing to provide as many as 500 million doses of its Covid-19 shot to the program known as Covax in a boost for the global vaccination effort. Berkshire Hathaway Inc. gained as Warren Buffett said that Greg Abel, the firm’s vice chairman of non-insurance businesses, would be his likely successor. Estee Lauder Cos. fell after the cosmetics giant’s sales missed estimates.

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Analysis: Biden, Powell paddling in same direction on policy front

Within a span of six hours last week, U.S. President Joe Biden and Federal Reserve Chair Jerome Powell embarked on a potentially historic course, pairing massive government spending and ultra-easy monetary policy in an effort not just to rescue the economy from a recession but to reset its trajectory.

Powell's motivation is to push the limits of a job market rebound as far as possible, a goal that is a step beyond what the U.S. central bank has done before and which he restated Wednesday in an emphatic pledge to get Americans back to work.

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Biden to start reunifying migrant families separated by Trump-era border policy

The United States this week will reunite four migrant families separated at the U.S.-Mexico border during the Trump administration, U.S. officials said, a small step toward fulfilling a campaign promise by President Joe Biden.

The families will be allowed to enter the United States through an emergency process known as "humanitarian parole," Michelle Brane, who heads a Biden-created task force that aims to reunite separated families, told a call with reporters on Sunday.

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