Market insights and analysis

How dynamic, risk-managed investment solutions are performing in the current market environment

3rd Quarter | 2020

Market insights and analysis

rss

Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.

Market Update 9/21/20

The major stock market indexes were mixed last week, with some further consolidating gains seen this year. The NASDAQ 100 Index (the laggard for the week) was down 1.4%, the S&P 500 Index fell 0.6%, the Dow Jones Industrial Average lost 0.03%, and the Russell 2000 gained 2.6%. The 10-year Treasury bond yield rose about 3 basis points, as Treasury bonds fell slightly for the week. Last week, spot gold rose slightly, gaining 0.4%.

Some of you may be surprised at how the Dow is performing compared to the other major stock market indexes—not only this year, but also over the past one year and three years.

The major stock market indexes finished up again this week (the S&P 500 has gained more than 3% for three straight weeks). The Dow Jones Industrial Average gained 6.8%, the S&P 500 Index rose 4.9%, the NASDAQ Composite climbed 3.4%, and the Russell 2000 small-capitalization index rocketed 8.1%. The 10-year Treasury bond yield rose 24 basis point, as Treasury bonds tumbled. Last week, spot gold closed at $1,684.38, down $45.89 per ounce, or 2.65%.