by NelsonCorp Wealth Management | Oct 5, 2020 | Weekly Market Thoughts
OVERVIEW Despite Friday’s losses, the major U.S. stock indices ended the week higher. The Dow and the S&P 500 gained about 1.9 percent and 1.5 percent, respectively. This was their first weekly gain in five weeks. The tech-heavy Nasdaq also gained...
by NelsonCorp Wealth Management | Sep 28, 2020 | Weekly Market Thoughts
OVERVIEW Another volatile week of trading on Wall Street saw the S&P 500 drop 0.63 percent, its fourth consecutive weekly drop. The Nasdaq, however, rose 1.11 percent. While the energy, materials, and financial sectors had large weekly declines, the tech...
by NelsonCorp Wealth Management | Sep 21, 2020 | Weekly Market Thoughts
OVERVIEW U.S. stocks took another step backward last week, with the S&P 500 dropping 0.64 percent, its third straight week in the red. The Nasdaq had a similar decline of 0.56 percent. The Dow, however, remained mostly flat for the week, dropping just 0.03...
by NelsonCorp Wealth Management | Sep 14, 2020 | Weekly Market Thoughts
OVERVIEW The tech sell-off continued in the United States last week, with the Nasdaq dropping 4.06 percent. The S&P 500 fell about 2.5 percent, and the Dow lost about 1.66 percent. Volatility, however, actually declined. The VIX (a measure of volatility)...
by NelsonCorp Wealth Management | Sep 7, 2020 | Weekly Market Thoughts
OVERVIEW U.S. stocks declined in a rollercoaster week of trading that saw the VIX index (a measure of volatility) jump above 30 for the first time since early July. After a good start to the week, the tech sector sold off dramatically on Thursday and Friday,...
by NelsonCorp Wealth Management | Aug 31, 2020 | Weekly Market Thoughts
OVERVIEW The U.S. stock market hit fresh new highs last week as the S&P 500 Index rose 3.26 percent, its fifth straight week of gains. The Nasdaq Composite did a little better, gaining 3.39 percent, and the Dow Jones Industrial Average brought up the rear,...
