Weekly Market Recap – April 17, 2020 In the Markets Pandemic news has been the primary fundamental factor in global capital markets since February. As the data has begun showing COVID-19’s curves flattening, investors have been reacting more positively. Recent market action continued the uptrend as stock indexes posted strong gains for a second consecutive

Weekly Market Recap – April 9, 2020 In the Markets COVID-19’s spread has led to 16.8 million job losses in the past three weeks. Thursday’s statistic of 6.6 million new unemployment claims was already “in the market” when the figure was released that day. Later that afternoon the Federal Reserve announced a plan for a

Weekly Market Recap – April 3, 2020 In the Markets Last week ended the first quarter of 2020; hence, our weekly recap highlights many of the Q1 statistics. The Dow Jones Industrial Average of 30 companies ended the quarter at 21052.53, down 23.2% the period (-2.7% for the week ending April 3rd). The spot S&P

Weekly Market Recap – March 27, 2020 In the Markets As the pandemic and the economy again dominated the headlines, the markets appeared less erratic and volatile than they had been since March roared in. The DJIA spot index ended the week at 21,637, gaining 12.8%, and the S&P 500 closed on Friday at 236.55,

Weekly Market Recap – March 20, 2020 In the Markets Last Sunday’s rate cutting action by the Fed to “nearly zero” percent preceded a sharp drop in stock futures that evening. By the end of Monday’s session, the DJIA spot index settled 2,997.10 points lower. The decline of 12.9% was the steepest daily drop since

Weekly Market Recap – March 13, 2020 In the Markets Last week, the Dow Jones Industrial Average closed down 10.4% from where it had settled the previous Friday. Compared to its high water mark a month ago (29,551 on February 12th) the DJIA had retreated 21.5%. For investors aware of textbook definitions, a decline of

Weekly Market Recap – March 6, 2020 In the Markets Volatility remained high again this week as tensions surrounding the spreading coronavirus continued to rock the world. During the week’s sessions, the S&P 500 moved within a 235-point range. Despite the numerous factors applying pressure to global markets, major U.S. indices managed gains on the

Weekly Market Recap – February 28, 2020 In the Markets While markets had managed to shrug off symptoms of the coronavirus for the most part, the last week of February saw the outbreak bring both equities and commodities to their knees. The rate of new cases may have slowed in China, but reports of the

Weekly Market Recap – February 21, 2020 In the Markets Equities began the shortened holiday week by reaching new highs, with the S&P 500 closing Wednesday up 0.18% to start the week, reaching $3,386.15. The rest of the week saw the coronavirus bring markets back down to earth, as the S&P 500 lost 1.43% in

Weekly Market Recap – February 14, 2020 In the Markets US equities continued to shrug off symptoms of the Coronavirus outbreak in China. The major indices strung together their second straight week of gains, with the tech heavy NASDAQ leading the charge via a 2.2% increase. The S&P 500 gained 1.6% while the Dow Jones