Market Review: 09-25-20

For the Week Ending September 25, 2020

By: Steven Doll, Portfolio Strategist

Another up and down week in the stock market with markets around the world closing lower amid a resurgence of coronavirus cases in Europe. Consequently, international markets suffered larger losses with developed markets down roughly 3.1% and emerging markets 3.5%, while U.S. large-cap stocks were down just 1.3%.

Interest rates also moved lower on the coronavirus news as the 10-year treasury yield dropped from 0.70% to 0.66%. However, the total U.S. bond market was little changed.

The fall in interest rates and a strengthening U.S. dollar also has the price of gold to continue its trend lower with a near 5.5% drop on the week, and is now down over 10% from its high in early August.

The price of crude oil moved nearly 1.7% lower despite some signs of tighter supply as renewed concerns about the coronavirus weaken the demand for the finite energy source.

Year-to Date Return (as of 09/25/2020)

5 views0 comments

Recent Posts

See All

You Need a Strong Core to be Financially Fit

By: Andrew J. Willms President and CEO of The Milwaukee Company The muscles that are found in the center of your body (your “core”) are responsible for keeping you stable and maintaining your balance.

The Beauty of Blockchain

By Jake Willms, Quantitative Analyst Cryptocurrency’s acceptance as a store of value has seen a dramatic increase in investing interest. The value of Bitcoin, the most popular cryptocurrency, has rise

Good Company for Your Investments™

Phone: (262) 238-6980

Fax: (262) 238-6999

414 N Main St, Thiensville, WI 53092, USA

  • YouTube
  • Spotify

©2020 by The Milwaukee Company