7.10.20 Markets Steadfast Ahead of Increased COVID-19 Cases
S&P 500 Index: 1.8%
Dow Jones Industrial Average: 1.0%
Nasdaq Composite: 4.0%
US equities delivered positive results this week. In addition, indexes representing both the small and mid-cap space were lower. The Nasdaq, after being down approximately 25% in late- March, is up almost 18% this year and reached an all-time high Thursday.
With regard to sector performers, consumer discretionary and, given the Nasdaq’s strength, technology and communication services were the leaders. Energy, real estate, healthcare, and industrials lagged the markets this week. L... Read more