Market Blog
As we noted last week, the demand for election charts is off the charts (pun intended), so we are sharing some of our favorite election charts. Continue reading
Market Update: Mon, Sept 14, 2020 | LPL Financial Research
Daily Insights
Stocks opened solidly higher. Stocks are getting back a chunk of last week’s losses this morning, led by technology and boosted by vaccine optimism. It’s “Merger Monday” with large deals announced in the semiconductor and biotech industries, along with the news that Oracle appears to have won the TikTok sweepstakes. European markets are mixed in midday trading, while Asian markets closed broadly higher. Continue reading
Weekly Market Performance – September 11, 2020: Rocky September Start for the Markets
Market Blog
Index Performance
S&P 500 Index:-2.4%
Dow Jones Industrial Average: -1.7%
Nasdaq Composite: -4.0%
Election Charts You Need To See: Part 1
Market Blog
First off, our thoughts go out to everyone who was impacted by the tragic events of September 11, 2001—19 years ago today. It is a day to reflect and remember those who were lost. Continue reading
Market Update: Fri, Sept 11, 2020 | LPL Financial Research
Daily Insights
On this day we remember those whose lives were lost in the tragic events of September 11, 2001. We will never forget. Continue reading
2 Key Brexit Dates
Economic Blog
With everything else going on this year due to COVID-19, it’s been easy to lose track of the latest fallout of the United Kingdom’s (UK) withdrawal from the European Union (EU), also known as Brexit. Continue reading
Market Update: Thu, Sept 10, 2020 | LPL Financial Research
Daily Insights
Stocks opened higher after reversing earlier losses. European markets are slightly lower in midday trading after the European Central Bank left policy unchanged. Asian markets finished mixed—China’s Shanghai Composite and Hong Kong’s Hang Seng closed lower, while Japan’s Nikkei and South Korea’s KOSPI rose. The market continues to find a balance among: Continue reading
5 Lessons Learned About Rising Rates
Economic Blog
While the direction of the 10-year Treasury yield over the last cycle was decidedly lower, as shown in LPL’s Chart of the Day, there were still six extended periods where it rose at least 0.75%, and in two of those it rose almost 2%. Looking ahead, economic growth below potential, slack in the labor market, and an extremely supportive Federal Reserve (Fed) may limit rate pressure in the near term, but with interest rates already low and massive stimulus in place, we believe the overall direction is likely to be higher. Continue reading
Market Update: Wed, Sept 9, 2020 | LPL Financial Research
DAILY INSIGHTS
Equity markets rebound. US stocks opened solidly higher this morning to rebound from Tuesday’s sell-off. The outsized summer advance after the best August in over 30 years, still-elevated COVID-19 infections, US-China tensions, and skepticism concerning the economic rebound are among reasons cited for the pullback. European stocks were higher midday, while the major Asian markets finished lower overnight. Continue reading
LPL Street View: The Recession Is Likely Over
Economic Blog
In the recent LPL Market Street View video, LPL Financial’s Chief Market Strategist Ryan Detrick discusses why the recession is likely over, making it one of the shortest recessions ever. Continue reading