Category: Coronavirus
Art Hogan’s Market Commentary – April 27, 2020
Morning Commentary U.S. markets closed on a positive note last week, with the S&P 500 Index rising Friday even as the dollar and Treasuries were little changed. The Dow Jones Industrials added 260 points, or 1.11%. The S&P 500 was better by 39 points, or 1.4%, while the Nasdaq closed higher by 140 points, or 1.65%. […]
Art Hogan’s Market Commentary – April 6, 2020
Morning Commentary Another wild week in markets last week as stocks were down across the world, with the Dow Jones Industrial Average shedding 2.7% over the week and 1.7% on Friday. The S&P 500 fell 2.1%, and the Nasdaq ended the week down 1.7%. Interest rates were also lower, with the U.S. 10-year Treasury note dropping […]
Art Hogan’s Market Commentary – March 30, 2020
Morning Commentary U.S. stocks posted their best week in over 10 years, buoyed by an unprecedented stimulus package meant to blunt the economic impact of the coronavirus pandemic. Treasuries gained and oil slipped. The week ended with a late day sell off on Friday as Fridays have seen markets close lower for nine of the […]
Art Hogan’s Market Commentary – March 25, 2020
Morning Commentary It was a turnaround Tuesday for the record books yesterday as the Dow Jones Industrial Average soared more than 2,100 points. The 11.4% move was the largest one-day gain since 1933, when the United States was still in the depths of the Great Depression, with some 30% of the workforce unemployed as investors contemplate the […]
Art Hogan’s Market Commentary – March 23, 2020
Morning Commentary There are a lot of things that you can say about last week’s market action, none of them are very good. Global markets are moving at lighting speed to price in the economic damage that will certainly follow in the wake of the coronavirus spread. The Dow Jones Industrials are down over 10000 […]