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The Fiduciary Advisor Report – Monday, June 29, 2020 – Draper Utah

The Fiduciary Advisor Report – Monday, June 29, 2020 – Draper Utah

THE WEEK ON WALL STREET A jump in COVID-19 cases dampened investor enthusiasm last week, sending stock prices lower on worries that rising infections could derail the economic recovery. The Dow Jones Industrial Average slumped 3.31%, while the Standard & Poor’s 500 retreated 2.86%. The Nasdaq Composite Index lost 1.90% for the week. The MSCI…

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The Fiduciary Advisor Report – Monday, June 15, 2020 – Draper Utah

The Fiduciary Advisor Report – Monday, June 15, 2020 – Draper Utah

THE WEEK ON WALL STREET Investor sentiment turned negative last week, amid an increasing number of COVID-19 cases in states where re-opening has been underway as well as a subdued economic forecast from the Federal Reserve. The Dow Jones Industrial Average dropped 5.55%, while the Standard & Poor’s 500 lost 4.78%. The Nasdaq Composite Index…

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The Fiduciary Advisor Report – Monday, June 8, 2020 – Utah County

The Fiduciary Advisor Report – Monday, June 8, 2020 – Utah County

THE WEEK ON WALL STREET A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a global economic recovery outweighed concerns over civil unrest and tensions with China. The Dow Jones Industrial Average jumped 6.81%, while the Standard & Poor’s 500 advanced 4.91%. The tech-heavy Nasdaq Composite Index lagged,…

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The Fiduciary Advisor Report – Monday, June 1, 2020 – Park City

The Fiduciary Advisor Report – Monday, June 1, 2020 – Park City

THE WEEK ON WALL STREET The shortened week, which began with a powerful two-day rally of trading, was enough to drive the markets into another week of solid gains. The Dow Jones Industrial Average rose 3.75%, while the Standard & Poor’s 500 advanced 3.01%. The Nasdaq Composite Index climbed 1.77% for the week. The MSCI…

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The Fiduciary Advisor Report – Monday, May 18, 2020 – Park City

The Fiduciary Advisor Report – Monday, May 18, 2020 – Park City

THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell’s unsettling comments on the economy and signs of renewed tensions with China. The Dow Jones Industrial Average fell 2.65%, while the Standard & Poor’s 500 retreated 2.26%. The Nasdaq Composite Index slipped 1.17% for the week. The…

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The Fiduciary Advisor Report – Monday, May 11, 2020 – Park City

The Fiduciary Advisor Report – Monday, May 11, 2020 – Park City

THE WEEK ON WALL STREET Despite an historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings here and abroad. The Dow Jones Industrial Average gained 2.56%, while the Standard & Poor’s 500 advanced 3.50%. The Nasdaq Composite Index jumped 6.00% for the week.…

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The Fiduciary Advisor Report – Monday, May 4, 2020 – Park City

The Fiduciary Advisor Report – Monday, May 4, 2020 – Park City

THE WEEK ON WALL STREET Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average slipped 0.22%, while the Standard & Poor’s 500 lost 0.21%. The Nasdaq Composite Index dropped 0.34%. The…

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The Fiduciary Advisor Report – Monday, April 27, 2020 – Park City

The Fiduciary Advisor Report – Monday, April 27, 2020 – Park City

THE WEEK ON WALL STREET Stock prices bounced around last week as investors reacted to wild swings in the price of oil and reports that called into question the efficacy of two potential virus treatments. The Dow Jones Industrial Average retreated 1.93%, while the Standard & Poor’s 500 lost 1.32%. The Nasdaq Composite Index slipped…

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The Fiduciary Advisor Report – Monday, April 20, 2020 – Utah County

The Fiduciary Advisor Report – Monday, April 20, 2020 – Utah County

THE WEEK ON WALL STREET Stock prices pushed higher last week as news of a White House plan to reopen the economy and reports of a potential COVID-19 treatment helped the market overcome weak economic data and an ugly start to the corporate earnings season. The Dow Jones Industrial Average rose 2.21%, while the Standard…

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The Fiduciary Advisor Report – Monday, April 13, 2020 – Lehi Utah

The Fiduciary Advisor Report – Monday, April 13, 2020 – Lehi Utah

THE WEEK ON WALL STREET The stock market staged a broad rally this week, buoyed by the prospect that the COVID-19’s grip on the nation may be easing and news of another Federal Reserve program to help stabilize businesses. The Dow Jones Industrial Average jumped 12.67%, while the Standard & Poor’s 500 climbed 12.10%. The…

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