U.S. Equities finished sharply higher as the S&P 500, Dow Jones, and Nasdaq all posted double digit gains on the week after experiencing the largest selloff since 2008 in the week prior. Over the course of the week, the S&P logged its first three-day rally since February, gaining 18% along the way, the largest three-day…
LAST Week: Equity markets finished down sharply for the week amid ongoing Coronavirus concerns as the S&P fell 14.95% on the week, its largest weekly loss since October 2009. Investors started the week off on the wrong foot as Monday’s session was the S&P 500’s third worst session ever, falling 11.98% only behind the 1987…
Market Commentary As we begin the trading week, markets continue to digest a mountain of information related to the ongoing COVID-19 crisis gripping communities across the globe. Here in the U.S., residents are beginning to understand the drastic measures taken by other countries to slow the spread of the virus which consists of school and…
LAST WEEK Despite the extremely volatile moves once the dust settled on the week, the Dow, S&P, and Nasdaq finished higher over the course of the five days. Sector performance remained mixed as Energy continued to underperform amid demand concerns. Financials and banks continue to be hit by yields, once again moving lower across the…
LAST WEEK U.S. equities finished sharply lower as they suffered their largest weekly decline since October 2008 with the S&P losing 11.44%, the Dow 7.78%, and the Nasdaq 6.50%. The leg lower in equities was largely driven by investor concerns surrounding the spread of the COVID-19 (formerly known as the Coronavirus) outside of greater mainland…