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6 November

November 6 2020 Market Update

By in Economics, Finance, Financial advisors, Market Update, Worth sharing

The Multitude of Highs and Lows

As of this writing, the election is on the verge of being called. However, despite the ongoing uncertainty, the markets have surged in recent days.

Taking a step back, the S&P 500 fell for a second straight month in October, paring back more of the year’s gains. Major contributors to the month’s volatility included dwindling prospects for a second round of fiscal stimulus, growing worry about rising COVID-19 cases, and of course the election.1

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5 October

October 5 2020 Market Update

By in Economics, Finance, Financial advisors, Market Update, Worth sharing

A Bump in Volatility and Questions Ahead

Stocks moved lower in September as a five-month market winning streak came to an end. The downturn was led by a selloff in technology stocks, which have paced the S&P 500’s recent recovery from its March 2020 low.

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11 September

September 11 2020 Market Update

By in Economics, Finance, Financial advisors, Market Update, Worth sharing

The Rally Continues Through August

The U.S. stock market finished higher for the fifth consecutive month in August as investor optimism persisted amid a tenuous economic recovery. The S&P 500 had it best August in 34 years, led by the technology sector.

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