Holdun, Author at Holdun - Page 6 of 21
Bad week for big stocks

Bad week for big stocks

Market Summary The pace of the most recent market decline picked up this week, with stock market volatility rising to its highest level since June. The S&P 500 declining 5.6% while the NASDAQ and Dow Jones fell 5.5% and 6.5%, respectfully. Investors chose to...
Pfizer announces a vaccine candidate

Pfizer announces a vaccine candidate

Market Summary The major U.S. stock indexes climbed for the third week in a row, but at a far slower pace than in the previous two weeks, finishing the week up 0.2%. The S&P now sits just 1.5% below its previous record high following its 9% rally over the last...
Trump’s Twitter Storm

Trump’s Twitter Storm

Market Summary The S&P posted its best weekly performance in three months while the NASDAQ composite rose by 5% in a week that saw the daily Covid-19 cases around the world top 350,000 (a new record) as a second wave takes hold across major regions. The U.S....
Trumps Battle with Coronavirus

Trumps Battle with Coronavirus

Market Summary A month-long losing streak for the S&P 500 ended this week as the Index recorded a +1.5% return. In what was a bruising September for Stocks, the S&P fell 3.9% over the month, with no respite in sight for the energy sector. This year’s...
Four in a Row

Four in a Row

Market Summary The S&P recorded its fourth consecutive week of losses, falling 0.6%, marking its longest losing streak since August 2019. The Index is now down 8% from the record highs set in early September. However, the tech-heavy Nasdaq managed to eke out a...