Summit Snapshot: Week Of August 3, 2020

Summit Snapshot: Week Of August 3, 2020

 Summit Snapshot: Week Of August 3rd, 2020  Global Markets: Technology stocks again lead global indices higher in the middle of Q2 earnings season U.S. Equities were positive for the week, led by growth-oriented securities. The S&P 500 Index finished the week...

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Summit Snapshot: Week Of July 27, 2020

Summit Snapshot: Week Of July 27, 2020

Summit Snapshot: Week Of July 27th, 2020    Global Markets: Equity indices were mixed on the back of a new fiscal stimulus that is being considered U.S. Equities were mixed for the week after jobless claims increased and the coronavirus outbreak continues around...

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Summit Snapshot: Week Of July 20, 2020

Summit Snapshot: Week Of July 20, 2020

Summit Snapshot: Week Of July 20th, 2020  Global Markets: Major equity indices were mostly positive as fresh hopes of an early vaccine surfaced U.S. Equities rose for the week as the S&P 500 Index increased by 1.3%. This was the index’s third consecutive week of...

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Summit Snapshot: Week Of July 13, 2020

Summit Snapshot: Week Of July 13, 2020

Summit Snapshot: Week Of July 13th, 2020  Global Markets: Many major equity indices kicked off second quarter earnings season on a positive note  U.S. Equities were mixed for the week. Large-cap stocks, as represented by the S&P 500 Index, rose 1.8%, while mid-...

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Summit Snapshot: Week Of July 6, 2020

Summit Snapshot: Week Of July 6, 2020

Summit Snapshot: Week of July 6th, 2020  Global Markets: Strong results abound regardless of the sharp rise in global coronavirus cases U.S. Equities recorded solid gains despite the four-day abbreviated week due to the Fourth of July holiday. Most indices continued...

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Summit Snapshot: Week Of June 29, 2020

Summit Snapshot: Week Of June 29, 2020

Summit Snapshot: Week of June 29th, 2020  Global Markets: Markets grapple with renewed domestic coronavirus concerns U.S. Equities gave back last week’s gains as reopening enthusiasm was traded for heightened concern over new hotspots across the U.S. The S&P...

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Summit Snapshot: Week Of June 22, 2020

Summit Snapshot: Week Of June 22, 2020

Summit Snapshot: Week of June 22th, 2020  Global Markets: Stocks rose modestly as the Fed committed to further corporate bond purchases  U.S. Equities recorded a small weekly increase to counteract the prior week’s steep decline. The S&P 500 Index fared well...

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May 2020 Investment Report

May 2020 Investment Report

May 2020 Investment Report The capital markets continued to rally through May, fueled by a faster than expected reopening of the economy, optimism over a potential COVID–19 vaccine and the perception governments will do whatever it takes to fortify businesses and...

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