Coming off its early September all-time high, the S&P 500’s winning streak of five monthly gains came to an end. Yet the U.S. equity benchmark index closed out the third quarter on a positive note amid data showing the economy is...
Read MoreU.S. major equity averages finished July with solid gains and posted their fourth straight positive month. The S&P 500 gained 5.64% while the Dow and the Nasdaq Composite rose 2.51% and 6.85%, respectively.1 The impressive July...
Read MoreI hope that you, your family and your loved ones are staying safe. Equities continued to bounce back in May from multi-year lows due in large part to optimism over business re-openings, declines in new infections, and progress in the...
Read MoreEquities have been on the mend recently after stocks moved lower throughout most of last week on worries that the emerging economic reopening might accelerate the spread of COVID-19. Comments by Fed Chair Powell added to the downside...
Read MoreFor the month of April, the S&P 500 posted its strongest gain since January 1987. The benchmark index surged nearly 13% last month, reaching a level just 1.1% below the end of February. Remarkably, the S&P 500 has recovered more than...
Read MoreOther than a deep plunge in oil prices early last week (which subsequently stabilized), it has been a fairly tame couple of weeks for stocks. It can be summed up very well by a market strategist who stated that on one hand, the markets...
Read MoreU.S. equity markets extended their gains to a second weekly rally last week after a drug showed some effectiveness in treating the COVID-19 disease and President Trump identified the circumstances necessary for parts of the country to...
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