Weekly Insight 7.28.20

LAST WEEK All major indices finished lower on the week as the market struggled for overall direction. The Nasdaq was the biggest loser, closing down 1.33% followed by the Dow, Russell 2K, and the S&P 500, which closed lower by 0.75%, 0.39% and 0.28% respectively. Sector performance was mixed as Tech was the worst performing…

Weekly Insight 7.22.20

LAST WEEK Three of the four major indexes closed higher on the week as Coronavirus vaccine developments appeared to be the main upside driver behind the risk-on tone. The Russell 2K, Dow Jones and S&P all finished in the green, while the Nasdaq lagged broader market gains. The Dow and S&P posted a third straight…

Weekly Insight 7.7.20

LAST WEEK The S&P 500 closed the short holiday week just up over 4%. Markets remained resilient even as negative-leaning COVID-19 headlines continued to capture headlines. With the move higher throughout the week, the S&P 500 stood down just 2.13% from where it began the year, while the Nasdaq pushed higher to close at all-time…

Weekly Insight 7.1.20

LAST WEEK Major U.S. indexes pulled back and closed on the lows of the week amid concerns of a second wave of COVID-19 as multiple states reported record new cases, causing uncertainty that the economic recovery could falter. The S&P was lower by 2.85%, while the Dow Jones and Nasdaq closed down 3.30% and 1.89%,…