Market Update: Wed, Sept 30, 2020 | LPL Financial Research

Daily Insights

Stocks opened higher. US equities reversed earlier losses following a contentious US presidential debate Tuesday night that raised more questions of a potentially contested election. On the flipside, House Speaker Nancy Pelosi noted positive discussions with US Treasury Secretary Steven Mnuchin regarding an upcoming COVID-19 stimulus deal. Asian markets were mixed overnight; European shares are little changed. Continue reading

Market Update: Tues, Sept 29, 2020 | LPL Financial Research

Daily Insights

S&P 500 Index opens near flat after gains in four out of the last five sessions. US stocks saw broad gains Monday with a cyclical tilt as value stocks, led by energy and financials, kept pace with growth; small caps outgained large. Asian markets were mixed overnight and European shares are showing modest losses at midday. Market participants take stock ahead of the first presidential debate. Continue reading

Market Update: Mon, Sept 28, 2020 | LPL Financial Research

Daily Insights

Stocks moving higher. US stocks opened in the green this morning following last Friday’s rally. The S&P 500 Index was down four consecutive weeks for the first time in more than a year. It hasn’t been down five in a row since six in a row in 2011. There is increasing hope of a bipartisan stimulus relief package per House Speaker Nancy Pelosi’s comments Sunday. Asian markets are mostly higher, with the Hang Seng and Nikkei up over 1%. Europe is solidly higher with the German market up over 3%. Continue reading

Market Update: Fri, Sept 25, 2020 | LPL Financial Research

Daily Insights

Markets pull back. US equities are giving back some ground this morning, and that may mean the first four-week losing streak for the S&P 500 Index since August 2019. Headlines are quiet today. Democrats in the US House of Representatives are working on a stimulus package in the range of $2.2 trillion, but no deal with Republicans is near. Continue reading