Market insights and analysis

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

3rd Quarter | 2020

Market insights and analysis

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

U.S. equity markets posted gains in all three indexes last week.

Market Update 9/28/20

The major stock market indexes finished mixed last week. The Dow Jones Industrial Average lost 1.75%, the S&P 500 Index fell 0.6%, the NASDAQ Composite rose 1.11%, and the Russell 2000 small-capitalization index lost 4.0%. The 10-year Treasury bond yield fell 3 basis points, and bond prices were flat. Last week, spot gold closed at $1,861.58, down $89.28 per ounce, or 4.6%.

U.S. equity markets posted losses in two of the three indexes last week. The NASDAQ Composite gained 1.11%, the S&P 500 lost 0.63%, and the Dow Jones Industrial Average lost 1.75%.

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Over 2,500 years ago, in what may have been one of the earliest examples of behavioral finance theory, ancient Greek philosopher Aristotle is reported to have said the following regarding the achievement of success.

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.