Summit Snapshot: Week Of September 14th, 2o2o Source: Morningstar, see ‘Disclaimer’ for sources    U.S. Equity Markets Stocks retreated once again, falling further from their recent highs as elevated volatility ensued.All sectors, aside from materials, fell for the week as energy (-6.4%) and technology (-4.3%) faredthe worst. Similarly, the tech-heavy Nasdaq Composite Index fell by more than 4% for the week,landing it in correction territory or down more than 10% since its high reached on September
Summit Snapshot: Week Of September 8th, 2o2o Source: Morningstar, see ‘Disclaimer’ for sources  U.S. Equity Markets Volatility resumed for stocks, with U.S. indexes ending the week lower. Most large-cap benchmarksremained near all-time highs, although many of the previously resilient mega-cap tech companiesexperienced significant losses. The tech-heavy Nasdaq Composite fell more than 3% for the week.  Despite losses last week, the S&P 500 Index finished August up more than 7%. This was the benchmark’s best month since April
Summit Snapshot: Week Of August 31st, 2o2o Source: Morningstar, see ‘Disclaimer’ for sources  U.S. Equity Markets Equities increased again last week setting fresh new record highs sparked by more positive news centered around plasma treatments and vaccines. The S&P 500 Index closed out the week above the 3,500 level for the first time ever as volume was notably light due to it being lates summer. A similar trend this year, large–cap stocks prevailed over both mid–caps and small–caps again as
Commentary Reports In The News Videos Financial Advisor Magazine took a side-by-side look at each presidential candidates’ approach to taxes. Our own James Rabasca points out that President Trump’s stance on capital gains could provide “a huge planning opportunity for business owners and affluent people with highly appreciated assets.” How should you be planning ahead so that you’re prepared for either outcome this November? Read the full article here: Read More at Financial Advisor Magazine
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Commentary Reports In The News Videos In his latest conversation with Reuters, our CEO Stan Gregor shared his thoughts on the current market environment. He told reporters, “Right now the euphoria is stay long on technology and stay-at-home stocks.” Learn more here: Read More at Reuters
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