Economic Blog
We check in again today on some of the real-time economic data that LPL Research is monitoring to provide timely and valuable insights into the state of the US economy. Traditional economic data is often reported too slowly to pick up the changes that are occurring in response to the COVID-19 pandemic. Continue reading
Daily Insights
Pullback continues. Stocks opened lower this morning as the S&P 500 Index attempts to break its three-week losing streak that has left it more than 7% below its September 2 high. Political uncertainty following Justice Ruth Bader Ginsberg’s death has ratcheted higher and may be adding volatility on top of existing concerns about COVID-19, stimulus, US-China tensions, and tech stock valuations. European stocks were solidly lower, led down by banks. Hong Kong’s 2% loss paced broad losses in Asian markets overnight. Continue reading
Weekly Market Performance – September 18, 2020: Markets Show Resilience
Market Blog
Index Performance
S&P 500 Index: -0.6%
Dow Jones Industrial Average: 0.0%
Nasdaq Composite: -0.6%
Market Blog
One of the top requests we’ve received the past few weeks is for more charts on the US elections. We shared some of our favorite in Election Charts You Need to See: Part 1 and Part 2, and today’s the third blog in our series on this important event. Continue reading
Daily Insights
TGIF. Stocks opened flat on an extremely light news day. Investors continued to digest the Federal Reserve’s decision from Wednesday and an influx of economic data. The S&P 500 Index is trying to avoid its first three-week losing streak since March. European markets are mixed in afternoon trading, while Asia was mainly green, led by a strong session out of China. Continue reading
Market Blog
At LPL Focus 2020, LPL Financial Chief Investment Officer Burt White and Chief Market Strategist Ryan Detrick sat around the campfire to discuss 2020 so far, what could be in store for the rest of 2020, and more, including: Continue reading
Daily Insights
Stocks opened lower. The late-session selling after the Federal Reserve (Fed) announcement Wednesday is spilling over this morning. Markets got a dovish Fed but seemed to want more, which is dampening enthusiasm for traders. Global markets are broadly lower with losses in Europe in midday trading. Asian markets closed broadly lower, with particular weakness in Hong Kong. Continue reading
Economic Blog
Retail sales rose 0.6% month over month in August following July’s downwardly revised 0.9% advance, but sales fell short of Bloomberg’s consensus expectation for a 1% increase. The retail sales control group, which excludes building materials, autos, and gas, fell 0.1% month over month and also missed estimates (source: US Census Bureau). Continue reading
Daily Insights
Markets opened higher. US equities have continued their recent strength this week on the heels of the first two-week losing streak in nearly five months. Today the big news is the Federal Reserve (Fed) meeting, as all eyes will be focused on future policy (more below). Japan finished higher, while China and Hong Kong ended slightly lower. European markets are mixed through midday trading. Continue reading
Market Blog
In the recent LPL Market Signals video, LPL Financial Chief Market Strategist Ryan Detrick and Equity Strategist Jeff Buchbinder discuss the recent two-week losing streak for stocks and more, including: Continue reading