Coronavirus Update from Commonwealth CIO Brad McMillan

Brad McMillan, Commonwealth’s CIO, provides an update on the coronavirus pandemic, including the economic and market implications. The virus remains under control, with the case growth rate at about 1 percent per day and daily case growth at about 20,000 per day. But while we didn’t see any signs of a national wave of second infections, it was a different story at the local level. Infection rates started to tick up in some states, which is something we need to keep an eye on.

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Market Update for the Month Ending May 31, 2020

Markets continue to recover in May

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Market Update for the Month Ending January 31, 2020

Coronavirus outbreak leads to mixed results for markets

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Market Update for the Quarter Ending September 30, 2019

Positive month for markets caps off turbulent quarter. U.S. markets had a positive September. The S&P 500 returned 1.87 percent in September and 1.70 percent for the quarter. The Dow Jones Industrial Average had a 2.05 percent monthly gain and quarterly growth of 1.83 percent. The Nasdaq Composite showed a 0.54 percent monthly gain and a 0.18 percent quarterly gain.

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Market Update for the Month Ending August 31, 2019

All major U.S. indices declined in August. The Dow Jones Industrial Average (DJIA) fell by 1.32 percent, the S&P 500 lost 1.58 percent, and the Nasdaq Composite declined 2.46 percent.

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Market Update for the Month Ending July 31, 2019

Positive July for U.S. markets

All major U.S. indices showed gains for July. The S&P 500 returned 1.44 percent, the Dow Jones Industrial Average rose by 1.12 percent, and the Nasdaq Composite gained 2.15 percent. 

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