Opinion – Monday 2 November 2020

U.S. Equity Markets declined again on Friday and in the process registering its worst week since March. The S&P closed 1.21% lower while following the weaker than expected earnings from Apple, the NASDAQ 100 led the declines with a loss of 2.62%. COVID-19 trends...

Opinion – Friday 30 October 2020

U.S. Equity Markets rebounded after yesterday’s sell-off, finishing the day positive with the S&P 500 closing higher by 1.2% and the NASDAQ 100 +1.87%. Speaker of the House Nancy Pelosi said the terms of a Coronavirus Stimulus Bill could change if the...

Opinion – Thursday 29 October 2020

U.S. Equity Markets sold off sharply, finishing the day lower, with the S&P 500 -3.52%, the Dow -3.42% and the NASDAQ 100 -3.93%. Coronavirus case numbers, and the fears of more restrictions that come with them, remained the key driver of the sell-off. In terms...

Opinion – Wednesday 28 October 2020

U.S. Equity Markets were mixed for most of the day, before selling off into the close, finishing the day lower, led by the Dow which closed -0.80%. Treasury Secretary Steven Mnuchin and Speaker of the House Nancy Pelosi failed to resolve differences on stimulus...

Opinion – Tuesday 27 October 2020

U.S. Equity Markets tumbled as Coronavirus cases rose, finishing the day lower, led by the Dow which closed with a loss of 2.29%. Coronavirus infections rose to new highs, as the daily total breached the 80,000 mark for the first time. The seven-day average hit a new...

Opinion – Friday 23 October 2020

U.S. Equity markets rose again on positive stimulus developments, finishing the day higher, led by the Dow which closed with a gain of +0.55%. House Speaker Nancy Pelosi said that negotiations between the White House and Democrats were “just about there.”...