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Market Update: Mon, Oct 5, 2020 | LPL Financial Research
Daily Insights Stocks open solidly higher on President Trump’s improving health. Today the S&P 500 Index will try to start another winning streak coming off its first positive week in the last five. Reports that President Donald Trump may leave the hospital today and related optimism that policymakers soon may find middle ground on a…
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Weekly Market Performance – A Volatile Start For October
As news concerning President Trump affected Friday’s markets, the S&P 500 Index still managed to end the week higher. Energy has been the worst-performing sector now for two consecutive weeks. The best performing sectors were real estate, utilities, consumer discretionary, technology, as well as the financials. Growth managed to outperform value by over 1%. Moreover,…
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Trump COVID FAQs
First and foremost, we wish President Donald Trump and First Lady Melania Trump a swift and full recovery. This October surprise raises the already high level of political uncertainty markets are dealing with as Election Day approaches. As market participants digest this news and consider the possibility that the President may not be able to…
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Market Update: Fri, Oct 2, 2020 | LPL Financial Research
President Donald Trump and First Lady Melania Trump test positive for COVID-19. First, we wish the President and the First Lady a swift and full recovery. This October surprise raises the already high level of political uncertainty that markets are dealing with as Election Day approaches. Losses this morning could potentially be extended as market…
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October and the Fourth Quarter in Six Charts
After a historic 60% rally, stocks pulled back in September before a late-month bounce. In the end, the S&P 500 Index fell 3.9% but was still up a very impressive 8.5% for the historically weak third quarter. As we noted three months ago after the S&P 500 gained 20% in the second quarter, continued strength…
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How Corporate Bond Spreads Respond to Equity Market Volatility
An old Wall Street adage says bond markets are smarter than equity markets, so when stocks encounter volatility, investors often look to the bond market for clues about the potential severity of equity market weakness.