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,...
by NelsonCorp Wealth Management | Aug 24, 2020 | Weekly Market Thoughts
OVERVIEW The U.S. stock market saw substantial gains in the Nasdaq Composite last week, rising 2.65 percent. The S&P 500 did less well but still rose about 0.72 percent. The Dow Jones Industrial Average, however, remained exactly flat for the week....
by NelsonCorp Wealth Management | Aug 17, 2020 | Weekly Market Thoughts
OVERVIEW The S&P 500 rose about 0.6 percent last week but was outdone by the Dow Jones Industrial Average’s gain of roughly 1.8 percent. The Industrial sector led the market higher, gaining 3.2 percent. Energy and Consumer Discretionary stocks also had...