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Market Update: Wednesday, August 19, 2020

Market Action U.S. markets closed mostly lower on Wednesday after setting another round of fresh all-time intraday highs on signs of a possible breakthrough in deadlocked stimulus talks with chatter of a “skinny” $500 billion fiscal package possibly in the works. The afternoon minutes from the Federal Reserve July policy […]

Market Update: Wednesday, August 5, 2020

Market Action U.S. markets showed strength for the 4th-straight session on signs of a stimulus deal being reached by Friday. President Trump has indicated he will go it alone on the payroll tax cut if he has to and is not included in the deal. Reports that the U.S. and […]

Market Update: Tuesday, August 4, 2020

Market Action       U.S. markets opened slightly lower on Tuesday while trading in tight ranges as concern over the stalemate in Washington on the relief package and ongoing U.S./ China frictions weighed on sentiment. White House and Democratic party leaders struck a cautiously optimistic tone to start the […]