Category: Market

What to Expect in the Markets This Week

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Key Takeaways

  • The CDC eviction moratorium is set to expire at the end of March unless it is extended.
  • This upcoming Tuesday, the Conference Board Consumer Confidence Index is released.
  • On Friday, unemployment numbers for Friday will be released.

The S&P 500 returned 1.6% for the week ending March 26, 2021. All but two of the S&P’s 11 sectors were up, the two laggards being consumer discretionary and communication services. Communication services was by far the biggest underperformer of the two, with its benchmark XLC ETF returning -4.0% for the week. The big driver of the sector’s underperformance was the

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Stock Market Crash 2020: Everything You Need to Know

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March 9 is quickly becoming a day to remember for investors.

You see, 11 years ago, on March 9, 2009, the stock market would cement its lowest close during the Great Recession. Although there have been a number of hiccups and stock market corrections over the past 11 years, it has nonetheless remained a bull market.

A growling bear in front of a plunging stock chart.

Image source: Getty Images.

Then, yesterday, March 9, 2020, it happened. For the first time since 2008, Wall Street experienced what could be properly coined a “crash.” I’m not a big fan of the overly dramatic, whereby media outlets call a 300-point drop in

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Dow closes at 3-year low below 20K, wiping out nearly all of Trump era’s gains

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[Click here to read what’s moving markets during the overnight session Wednesday to Thursday]

Stocks were bludgeoned in yet another volatile session on Wednesday, sinking to a three year low with worldwide cases of the coronavirus soaring above 200,000, amid panic selling that nearly wiped out all of the gains made since President Donald Trump was inaugurated on Jan. 20, 2017.

The ongoing COVID-19 crisis has forced governments around the world to consider stimulus measures and imposing stiff restrictions to prevent further spreading. However, the economic fallout is already being felt, with several indicators deteriorating sharply, and Wall Street

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Home – Market Business News

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Stock market ends year at record levels

by  on  in Market

Wall Street’s resurgence has been fueled by the largest federal government stimulus ever, historic support from the Federal Reserve and optimism about how quickly the economy is likely to bounce back next year as coronavirus vaccines become widely distributed. Investors have largely ignored the pain on Main Street, including pronounced unemployment, overrun hospitals and battered small businesses. On the eve of the new year, nearly 20 million people remained on unemployment, a jobs crisis worse than during the Great Recession.

“That a pandemic-induced economic shutdown of epic proportion has been digested with stocks ending the year 15 percent higher is

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