Market Week: February 22, 2021

The Markets (as of market close February 19, 2021) The stock market was closed last Monday in honor of Presidents’ Day. Equities were mixed on the first day of trading last Tuesday. The Dow advanced 0.2% and the Global Dow gained 0.3%. The remaining benchmark indexes lost value, led by the Russell 2000, which fell…

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Market Week: February 16, 2021

The Markets (as of market close February 12, 2021) Increasing prospects that a massive fiscal stimulus bill is around the corner helped drive stocks to record highs last Monday. With fourth-quarter corporate earnings season at the halfway mark, 83% of the reporting companies have surpassed most estimates, a clear sign that the economy is slowly…

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Market Week: February 8, 2021

The Markets (as of market close February 5, 2021) Stocks had their best day in several weeks last Monday, recovering some of the losses following the prior week’s sell-off. Tech stocks and retail shares led both the Nasdaq and the Russell 2000 to gains of 2.5%. The S&P 500 advanced 1.6%, followed by the Dow…

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Market Month: January 2021

The Markets (as of market close January 29, 2021) Stocks were able to weather the storm of events that occurred throughout January, despite investors having numerous reasons to move away from equities. The month began on a somewhat positive note as the availability of COVID vaccines increased throughout the country. Nevertheless, investors were concerned as…

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Market Week: February 1, 2021

The Markets (as of market close January 29, 2021) Equities were mixed to begin last week. The Global Dow (-0.6%), the Russell 2000 (-0.3%), and the Dow (-0.1%) lost value. The S&P 500 advanced 0.4% on the day, and the Nasdaq closed up 0.7% to reach a record high. Treasury yields fell, while crude oil…

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