Economic Updates

Fiduciary Financial Advisor in Utah
Blog
Mark Lund

The Fiduciary Advisor Report – Monday, November 30, 2020 – Park City Utah

THE WEEK ON WALL STREET Stocks surged last week, ignited by another COVID-19 vaccine announcement, encouraging economic data, and the easing of political uncertainty.  The Dow Jones Industrial Average rose 2.21%, while the Standard & Poor’s 500 added 2.27%. The Nasdaq Composite index, which has led all year, gained 2.96%. The MSCI EAFE index, which

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Fiduciary Financial Advisor in Utah
Blog
Mark Lund

The Fiduciary Advisor Report – Monday, November 23, 2020 – Park City Utah

THE WEEK ON WALL STREET Despite news of another COVID-19 vaccine candidate, stocks were mixed amid investor anxiety over an increase in new infections and economic lockdowns. The Dow Jones Industrial Average fell 0.73%, while the Standard & Poor’s 500 declined 0.77%. The Nasdaq Composite index rose 0.22% for the week. The MSCI EAFE index,

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Fiduciary Financial Advisor in Utah
Blog
Mark Lund

The Fiduciary Advisor Report – Monday, November 9, 2020 – Park City Utah

THE WEEK ON WALL STREET Stocks soared last week as investors anticipated that a split Congress would raise legislative hurdles to changing corporate taxes and adjusting regulatory oversight of big technology companies.  The Dow Jones Industrial Average jumped 6.87%, while the Standard & Poor’s 500 tacked on 7.32%. The Nasdaq Composite index surged 9.01% for

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