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The Fiduciary Advisor Report – Monday, November 23, 2020 – Park City Utah

The Fiduciary Advisor Report – Monday, November 23, 2020 – Park City Utah

THE WEEK ON WALL STREET Despite news of another COVID-19 vaccine candidate, stocks were mixed amid investor anxiety over an increase in new infections and economic lockdowns. The Dow Jones Industrial Average fell 0.73%, while the Standard & Poor’s 500 declined 0.77%. The Nasdaq Composite index rose 0.22% for the week. The MSCI EAFE index,…

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The Fiduciary Advisor Report – Monday, November 16, 2020 – Park City Utah

The Fiduciary Advisor Report – Monday, November 16, 2020 – Park City Utah

THE WEEK ON WALL STREET News of a COVID-19 vaccine ignited a rally in economically sensitive stocks and a broad retreat in technology companies last week, though enthusiasm was tempered by reports of rising new infections and fresh lockdowns. The Dow Jones Industrial Average surged 4.08%, while the Standard & Poor’s 500 rose 2.16%. The…

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The Fiduciary Advisor Report – Monday, November 9, 2020 – Park City Utah

The Fiduciary Advisor Report – Monday, November 9, 2020 – Park City Utah

THE WEEK ON WALL STREET Stocks soared last week as investors anticipated that a split Congress would raise legislative hurdles to changing corporate taxes and adjusting regulatory oversight of big technology companies. The Dow Jones Industrial Average jumped 6.87%, while the Standard & Poor’s 500 tacked on 7.32%. The Nasdaq Composite index surged 9.01% for…

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The Fiduciary Advisor Report – Monday, November 2, 2020 – Park City Utah

The Fiduciary Advisor Report – Monday, November 2, 2020 – Park City Utah

THE WEEK ON WALL STREET Stock prices dropped last week as hopes for a fiscal stimulus bill faded and investors focused on rising COVID-19 infections, here and abroad. The Dow Jones Industrial Average slid 6.47%, while the Standard & Poor’s 500 tumbled 5.64%. The Nasdaq Composite index lost 5.51% for the week. The MSCI EAFE…

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The Fiduciary Advisor Report – Monday, October 26, 2020 – Utah County

The Fiduciary Advisor Report – Monday, October 26, 2020 – Utah County

THE WEEK ON WALL STREET The failure to reach an agreement on a new fiscal stimulus bill soured investor sentiment and sent stocks modestly lower for the week. The Dow Jones Industrial Average fell 0.95%, while the Standard & Poor’s 500 lost 0.53%. The Nasdaq Composite index slipped 1.06% for the week. The MSCI EAFE…

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The Fiduciary Advisor Report – Monday, October 19, 2020 – Lehi, Utah

The Fiduciary Advisor Report – Monday, October 19, 2020 – Lehi, Utah

THE WEEK ON WALL STREET Stocks treaded water last week amid fading prospects for a stimulus bill, fears of a second wave of COVID-19 cases, and increasing political and regulatory pressures on Big Tech companies. The Dow Jones Industrial Average added just 0.07% while the Standard & Poor’s 500 eked out a gain of 0.19%.…

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The Fiduciary Advisor Report – Monday, October 12, 2020 – Lehi, Utah

The Fiduciary Advisor Report – Monday, October 12, 2020 – Lehi, Utah

THE WEEK ON WALL STREET Stocks staged a powerful rally last week, riding a wave of optimism over the prospect of the passage of a new fiscal stimulus bill. The Dow Jones Industrial Average rose 3.27%, while the Standard & Poor’s 500 increased 3.84%. The Nasdaq Composite index gained 4.56% for the week. The MSCI…

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The Fiduciary Advisor Report – Monday, October 5, 2020 – Lehi Utah

The Fiduciary Advisor Report – Monday, October 5, 2020 – Lehi Utah

THE WEEK ON WALL STREET Stocks advanced last week, propelled by hopes that legislators may reach an agreement for a new fiscal stimulus package and optimism generated by a few corporate deal announcements and initial public offerings. The Dow Jones Industrial Average rose 1.87%, while the Standard & Poor’s 500 increased 1.52%. The Nasdaq Composite…

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The Fiduciary Advisor Report – Monday, September 28, 2020 – Lehi, Utah

The Fiduciary Advisor Report – Monday, September 28, 2020 – Lehi, Utah

THE WEEK ON WALL STREET Stocks were mixed last week as worries that stretched from Washington D.C., where prospects of a new fiscal stimulus bill dimmed, to Europe, which saw an increase of new COVID-19 cases. The Dow Jones Industrial Average declined 1.75%, while the Standard & Poor’s 500 fell 0.63%. The Nasdaq Composite index…

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The Fiduciary Advisor Report – Monday, September 14, 2020 – Utah County, Utah

The Fiduciary Advisor Report – Monday, September 14, 2020 – Utah County, Utah

THE WEEK ON WALL STREET Stocks traveled a volatile path last week as investors appeared concerned about the upcoming elections, an uncertain economy, and more delays with additional fiscal stimulus. The Dow Jones Industrial Average slid 1.66%, while the Standard & Poor’s 500 slumped 2.51%. The Nasdaq Composite index plummeted 4.06% for the week. The…

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