CADENT CAPITAL NEWS AND UPDATES

No Stimulus, Stocks Lag

No Stimulus, Stocks Lag

Monday 2nd November, 2020

Stock prices dropped last week as hopes for a fiscal stimulus bill faded and investors focused on rising COVID-19 infections, here and abroad. The Dow Jones Industrial Average slid 6.47%, while the Standard & Poor’s 500 tumbled 5.64%. The Nasdaq Composite index lost 5.51% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slumped 5.02%

 

Download 20201102CadentNewsletter.pdf