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3 March
March 3 2020 Market Update
Coronavirus: Impact and Implications
Markets fell sharply in the last week of February as Coronavirus (officially, COVID-19) concerns spread, marking the worst single week for the S&P 500 since 2008.[1] On March 3, 2020, the Federal Reserve cut intrest rates by one-half point as an emergency measure, marking the first inter-meeting rate cut since 2008.[2]
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25 February
February 25 2020 Market Update
Coronavirus and the Global Economy
Coronavirus rattled markets in January, as well as the nerves of travelers and health officials. The S&P 500 and global equity market indexes closed the month down slightly, driven in part by concerns about the spread and lethality of the disease.
24 January
January 24 2020 Market Update
The Year in Review
The year 2019 was good to equity markets. The S&P 500 returned 29 percent for the year, while the Nasdaq rose 38 percent. Large European markets also rose, with Germany’s Dax up about 25 percent and Britain’s FTSE 100 returning 12 percent for 2019.[1]