Weekly Insights with Wayne Rigney 4-1-2020

LPL Research

Weekly Market Performance – Markets Steadfast Amid Economic and Earnings Reports July 31, 2020
Market Blog Index Performance S&P 500 Index: 1.7% Dow Jones Industrial Average: -.2% Nasdaq Composite: 3.7% Equities This week was another mixed week for the markets, as large cap growth earnings powered tech behemoths and the Nasdaq to more than … Continue reading →
Do the Top 5 Stocks Pose a Risk to the Market? July 31, 2020
Market Blog Apple, Microsoft, Amazon, Google, and Facebook. These five stocks have helped spawn a number of acronyms as they try to capture the rise of mega-cap tech stocks that have led the market higher for much of the past … Continue reading →
Market Update: Fri, Jul 31, 2020 | LPL Financial Research July 31, 2020
DAILY INSIGHTS Tech stocks fuel gains to end week. The S&P 500 Index is marginally higher in early trading, as large cap growth stocks fuel gains in the technology, consumer discretionary, and communication services sectors. Asian markets were mostly lower, … Continue reading →
Biggest GDP Contraction Ever July 30, 2020
Economic Blog The best thing we can say about today’s US gross domestic product (GDP) report for the second quarter is that it’s behind us. GDP contracted at a 32.9% annualized rate during the quarter, the largest decline on record. … Continue reading →
Fed Says We’ve Got Your Back For As Long As It Takes July 30, 2020
Economic Blog The Federal Reserve (Fed) completed its latest two-day policy meeting Wednesday, July 29, and the primary message coming from the world’s most important central bank was a continued commitment to supporting the economy as long as it’s needed—and … Continue reading →

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