MARKET WEEK: MARCH 30, 2020

The Markets (as of market close March 27, 2020) Stocks opened the week as they closed the previous one — in a tailspin. However, aggressive moves by the Federal Reserve late in the day, coupled with the hope of a massive aid package from Congress, helped push stocks higher during early trading Tuesday. News of… Read more »

...Continue Reading »

MARKET WEEK: MARCH 23, 2020

The Markets (as of market close March 20, 2020) Following the Fed’s latest interest rate cut last weekend, stocks opened markedly lower on Monday, prompting the third circuit breaker in the last six sessions as trading was halted only seconds after the opening bell. By midmorning on Monday, the Dow had lost 8.5%, the S&P… Read more »

...Continue Reading »

MARKET WEEK: MARCH 16, 2020

The Markets (as of market close March 13, 2020) While the hope may have been that it couldn’t get worse, unfortunately, it has. The coronavirus has not only posed a significant health threat to millions of people worldwide, but its impact has been felt economically and in the stock markets, both here and globally. Last… Read more »

...Continue Reading »

MARKET WEEK: MARCH 9, 2020

The Markets (as of market close March 6, 2020) While it apparently took a day to take effect, the Fed’s decision to reduce the target range for the federal funds rate by 50 basis points quelled the massive rush to sell stocks and brought some investors back to the market. Following losses earlier in the… Read more »

...Continue Reading »