Archive For: Weekly Market Updates

Markets Gain On Stimulus Hopes

Markets rose dramatically this week even as the novel coronavirus Covid-19 continued its spread, in spite of shutdowns and quarantines around the globe. Equities responded favorably to the passing of a $2.2 trillion federal stimulus package, conveying optimism that negative effects of the rising economic damages would be short-lived for the economy. In stark contrast ... Read More
 

The cure versus the disease

Markets fell dramatically this week as the novel coronavirus Covid-19 continued its spread, prompting shutdowns and quarantines around the globe. The oil dispute between Saudi Arabia and Russia has continued, as both countries have vowed to flood the oil market with cheap inventory until the opposing party agrees to terms. Saudi Arabia has declared its ... Read More
 

The Spread of a Pandemic

Markets retreated this week as the novel coronavirus Covid-19 was declared a pandemic on Wednesday by the World Health Organization. Further shocking markets was the emerging dispute between Saudi Arabia and Russia, as both countries have vowed to flood the oil market with cheap inventory until the opposing party agrees to terms. No sector was ... Read More
 

Virus Fears Persist

Markets paused somewhat this week as investors responded to the evolving Coronavirus situation. Utilities led the S&P sectors this week with considerable gains, finishing ahead of consumer staples and healthcare to round out the strongest sectors. Markets have turned fearful concerning developments regarding the spread of the Coronavirus, as new cases have begun emerging around ... Read More
 

Virus Fears Pummel Markets

Markets fell dramatically this week as investors grapple with the Coronavirus. Communications led the S&P sectors this week with the smallest losses, finishing ahead of consumer staples and healthcare to round out the strongest sectors. Markets have turned fearful concerning developments regarding the spread of the Coronavirus, as new cases have begun emerging around the ... Read More
 

Investors Turn Fearful As Virus Spreads

Markets dropped this week as governments around the globe struggle to contain the spread of the Coronavirus. Real estate led the S&P sectors this week for the second consecutive week, finishing ahead of consumer staples and utilities to round out the strongest sectors. Markets are still closely monitoring developments regarding the spread of the Coronavirus, ... Read More
 

Equities Gain While Uncertainty Remains

Markets gained this week as news surrounding the Coronavirus shifted from the virus spreading to controlling the outbreak. Real estate led the S&P sectors this week, finishing ahead of consumer discretionary and utilities to round out the strongest sectors. Markets are still closely monitoring developments regarding the spread of the Coronavirus. New cases seem to ... Read More
 

Equities Rebound in Spite of Virus Fears

Markets recovered this week as fears surrounding the impact of the Coronavirus receded. Technology led the S&P sectors for the third consecutive week, finishing ahead of materials and health care to round out the strongest sectors. Markets are still anxiously awaiting developments regarding the spread of the Coronavirus. New cases have sprung up around the ... Read More