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July 10, 2020Like

Tech Stocks Defy Gravity But Dow Suffers Blow

Hi Everyone, The stock market ended mixed following a hectic and eventful session on Wall Street, with domestic and global political headlines causing wild swings throughout the day. The Dow was down 361 or 1.4%, to 25,706, the Nasdaq gained 55, or 0.5%, to 10,548, while the S&P 500 fell
July 8, 2020Like

Stocks Turn Lower As Tech Rally Fades

Hi Everyone, The stock market finished higher rebounding from yesterday’s selloff, with the Nasdaq leading the way higher again thanks to Apple’s (AAPL) new record high. The Dow was up 177 or 0.8%, to 26,067, the Nasdaq gained 149, or 1.4%, to 10,493, while the S&P 500 rose by 25,
July 6, 2020Like

Strong Rally Continues As Chinese Stocks Skyrocket

Hi Everyone, The stock market finished significantly higher on the heels of an overnight rally in Chinese and European assets, as investors shrugged off the large number of new COVID infections. The Dow was up 460 or 1.8%, to 26,287, the Nasdaq gained 226, or 2.2%, to 10,434, while the
July 2, 2020Like

Nasdaq Closes At Record High But Virus Fears Persist

Hi Everyone, The S&P 500 and the Nasdaq finished higher for the third straight session, as the market-leading tech benchmark proved its strength yet again, closing at its highest level ever. The Dow was down 78 or 0.3%, to 25,735, the Nasdaq gained 96, or 1.0%, to 10,155, while the
July 1, 2020Like

Stocks End Historic Quarter With A Bang

Hi Everyone, The stock market finished higher for the second day in a row, closing one of the most extreme quarters in the history of Wall Street on a bullish note. The Dow was up 216 or 0.8%, to 25,812, the Nasdaq gained 185, or 1.9%, to 10,059, while the
June 28, 2020Like

Stocks Hit Two-Week Lows As Infections Soar

Hi Everyone, The stock market finished deep in the red on Friday as investors dumped risk assets amid intensifying virus-related fears. The Dow was down 730, or 2.8%, to 25,016, the Nasdaq lost 270, or 2.7%, to 9,756, while the S&P 500 fell 75, or 2.4%, to 3,009. Decliners outnumbered
June 24, 2020Like

Nasdaq Hits All-Time High As Rally Continues

Hi Everyone, The stock market finished higher for the second day in a row, with the Nasdaq once again pulling its weight thanks to the tech giants. The Dow was up 131 or 0.5%, to 26,156, the Nasdaq gained 75, or 0.7%, to 10,132, while the S&P 500 rose by
June 23, 2020Like

Stocks Show Strength Despite Jump In COVID Cases

Hi Everyone, The stock market finished slightly higher following another quiet and choppy day on Wall Street, as the bullish consolidation continues. The Dow was up 154 or 0.6%, to 26,025, the Nasdaq gained 110, or 1.1%, to 10,056, while the S&P 500 rose by 21, or 0.7%, to 3,118.
June 19, 2020Like

Stocks Drift Sideways As Jobless Claims Disappoint

Hi Everyone, The stock market finished mixed for the second straight day, with the Nasdaq extending its winning streak to five sessions despite the negative COVID-related headlines. The Dow was down 40 or 0.2%, to 26,080, the Nasdaq gained 32, or 0.3%, to 9,943, while the S&P 500 rose by
June 18, 2020Like

Stocks Pull Back Amid Rising Geopolitical Tensions

Hi Everyone, The Dow and the S&P 500 broke their three-day winning streaks, as today’s choppy session finished on a negative note due to the weakness in the key cyclical sectors. The Dow was down 170 or 0.7%, to 26,120, the Nasdaq lost 15, or 0.2%, to 9,911, while the
June 16, 2020Like

Small-Caps Lead Epic Comeback On Wall Street

Hi Everyone, The stock market finished higher for the second day in a row following a hectic start to the week on Wall Street, as investors weighed the mixed COVID-related headlines. The Dow was up 158 or 0.6%, to 25,763, the Nasdaq gained 137, or 1.4%, to 9,726, while the
June 14, 2020Like

Stocks Rebound Somewhat After Pullback Over Economic Worries

Hi Everyone, The stock market rose on Friday, as stocks bounced back following their worst day in almost three months. The Dow was up 478, or 1.9%, to 25,606, the Nasdaq gained 96, or 1.0%, to 9,589, while the S&P 500 rose by 39 or 1.3%, to 3,041. Advancing issues
June 12, 2020Like

Tough day for the bulls!!!

Hi Everyone, The stock market outright crashed today, losing the most since the worst days of the March crash, as investors turned gloomy regarding the outlook for the global economy. The Dow was down 1862, or 6.9%, to 25,128, the Nasdaq lost 528, or 5.3%, to 9,493, while the S&P
June 10, 2020Like

Markets Mixed As Fed Pledges Further Easing

Hi Everyone, The stock market finished mixed for the second day in a row following a typical choppy “Fed-day”, with the Nasdaq continuing its record-setting run but the majority of stocks closing in the red. The Dow was down 282 or 1.0%, to 26,990, the Nasdaq gained 67, or 0.7%,
June 8, 2020Like

Nasdaq Hits Record High As Small-Caps Jump

Hi Everyone, The stock market closed the session significantly higher, with the Dow leading the strong afternoon rally on Wall Street. The Dow was up 448, or 1.7%, to 27,559, the Nasdaq gained 111, or 1.1%, to 9,925, while the S&P 500 rose by 38, or 1.2%, to 3,232. Advancing
June 3, 2020Like

Dow Adds 500 Points On Bullish Jobs Data

Hi Everyone, The stock market extended its winning streak to three days, and today’s session was clearly the most bullish of the week, with the key cyclical sectors leading the charge. The Dow was up 527 or 2.1%, to 26,270, the Nasdaq gained 75, or 0.8%, to 9,683, while the
June 3, 2020Like

Stocks Hit New Recovery Highs In Quiet Trading

Hi Everyone, The major indices all finished higher for the second day in a row, as volatility remained muted on Wall Street ahead of a jam-packed few days of economic releases. The Dow was up 268 or 1.1%, to 25,743, the Nasdaq gained 56, or 0.6%, to 9,608, while the
June 1, 2020Like

Stocks Tick Higher As Reopening Push Gains Steam

Hi Everyone, The stock market drifted higher all day following a negative start to the session, as reopening-related optimism outweighed the impact of the protests triggered by the death of George Floyd. The Dow was up 92, or 0.4%, to 25,475, the Nasdaq gained 62, or 0.7%, to 9,552, while

Contact The Pinnacle Financial Group

At The Pinnacle Financial Group, we have provided sound risk management advice to individuals and businesses in New York and Connecticut for two decades. We understand the critical role insurance planning plays in securing your financial future and protecting your family. We will carefully explain your options and the different strategies available to you so that you can make the right decisions for you and your loved ones.

To schedule a free initial consultation, call our offices at 516-763-9700 or complete the form provided below.

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Pinnacle Group

9 South Long Beach Road
Rockville Centre, NY 11570

 

516.763.9700
Fax: 516.763.9706

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