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Market Week: January 25, 2021

By |2021-01-25T14:25:04-06:00January 25th, 2021|Financial News, Market Updates|

The Markets (as of market close January 22, 2021) The markets were closed last Monday in observance of Martin Luther King, Jr., Day. However, stocks enjoyed a good start to the week last Tuesday as equities rebounded from the prior Friday's sell-off. Investors were encouraged by Treasury Secretary nominee Janet Yellen, who pushed for more [...]

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Market Week: January 19, 2021

By |2021-01-19T13:54:29-06:00January 19th, 2021|Financial News, Market Updates|

The Markets (as of market close January 15, 2021) Last Monday, the major benchmark indexes pulled back from record highs reached the prior week. Tech stocks took the biggest hit, dragging the Nasdaq down by 1.3%. The S&P 500 lost 0.7%, followed by the Global Dow (-0.5%) and the Dow (-0.3%). The Russell 2000 closed [...]

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Market Week: January 11, 2021

By |2021-01-11T14:07:14-06:00January 11th, 2021|Financial News, Market Updates|

The Markets (as of market close January 8, 2021) Last Monday, stocks began the new year down on worries over the Georgia runoff elections, a surge in COVID-19 cases, and evidence that a new strain of the virus has entered the country. The S&P 500, the Nasdaq, and the Russell 2000 each fell 1.5%. The [...]

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Annual Market Review 2020

By |2021-01-04T15:37:16-06:00January 4th, 2021|Financial News, Market Updates|

Overview Over the past 12 months, we have endured a global pandemic resulting in numerous deaths and hospitalizations, mass layoffs, a sinking economy, and a contentious presidential election. Our lives and lifestyles changed, where working and learning from home became the "new normal," and in-person communication was replaced by virtual meetings. In short, 2020 was [...]

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Market Week: January 4, 2021

By |2021-01-04T15:40:04-06:00January 4th, 2021|Financial News, Market Updates|

The Markets (as of market close December 31, 2020) Stocks jumped to record highs last Monday after President Trump signed a pandemic relief package into law. The S&P 500, the Dow, and the Nasdaq closed the day at record highs as investors saw the stimulus relief as a boost to economic recovery. Only the small [...]

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Market Week: December 28, 2020

By |2020-12-28T14:44:02-06:00December 28th, 2020|Financial News, Market Updates|

The Markets (as of market close December 24, 2020) Stocks rallied by the end of the day last Monday, paring losses from a morning plunge. Strength in bank stocks and financials helped stem the tide as the other major market sectors generally sank. Investors were hit with news that a new strain of the COVID [...]

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Market Week: December 21, 2020

By |2020-12-28T14:43:48-06:00December 21st, 2020|Financial News, Market Updates|

The Markets (as of market close December 18, 2020) Tech stocks and consumer shares opened last week on an upswing. Unfortunately, the rest of the market lagged. Investors faced the prospect of more stringent restrictions as COVID-19 cases continued to surge. The Nasdaq (0.5%) and the Russell 2000 (0.1%) posted gains, while the Dow (-0.6%), [...]

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Market Week: December 14, 2020

By |2020-12-15T17:30:07-06:00December 15th, 2020|Financial News, Market Updates|

The Markets (as of market close December 11, 2020) The Nasdaq opened the week by reaching a new high last Monday after climbing for the ninth straight day. Otherwise, stocks tumbled, as the rapid rise in COVID-19 cases had investors worried that more restrictions might be forthcoming. The Global Dow and the Dow each fell [...]

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Market Month: November 2020

By |2020-12-07T14:10:12-06:00December 7th, 2020|Financial News, Market Updates|

The Markets (as of market close November 30, 2020) Despite a downturn on the last day of the month, stocks rebounded impressively in November from a moribund performance in October. Several of the benchmark indexes reached record highs during November as investors shifted slightly from tech stocks to shares influenced by economic cycles. While the [...]

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Market Week: December 7, 2020

By |2020-12-07T14:03:35-06:00December 7th, 2020|Financial News, Market Updates|

The Markets (as of market close December 4, 2020) November closed on a sour note as investors took profits from stocks last Monday. The Russell 2000, which gained more than 18.0% in November, fell nearly 2.0% on the day. The Global Dow dropped 1.7%, followed by the Dow (-0.9%), the S&P 500 (-0.5%), and the [...]

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