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August 3, 2020Like

Nasdaq Resumes Record-Breaking Surge

Hi Everyone, The stock market finished higher following a relatively quiet and bullish session on Wall Street, as U.S. stocks finally enjoyed international tailwinds thanks to the rally in Europe and Asia. The Dow was up 236, or 0.9%, to 26,664, the Nasdaq gained 158, or 1.5%, to 10,903, while
July 31, 2020Like

Tech Stocks Lead Afternoon Comeback On Wall Street

Hi Everyone, The stock market finished mixed following a two-faced session on Wall Street, as despite a steep morning selloff, stocks staged a strong rebound fueled by a batch of better-than-expected earnings reports. The Dow was down 223, or 0.8%, to 26,316, the Nasdaq gained 45, or 0.4%, to 10,588,
July 29, 2020Like

Tech Stocks And Small-Caps Surge As Fed Sticks To Dovish Message

Hi Everyone, The stock market finished higher following a clearly bullish Fed day, with strong tech earnings and the promise of more monetary and fiscal stimulus fueling the rally. The Dow was up 160, or 0.6%, to 26,540, the Nasdaq gained 141, or 1.4%, to 10,543, while the S&P 500
July 22, 2020Like

Stocks End Quiet Day On A Bullish Note

Hi Everyone, The stock market finished higher following a very choppy session, as the Dow led a promising afternoon rally on Wall Street. The Dow was up 165, or 0.6%, to 27,006, the Nasdaq gained 26, or 0.2%, to 10,706, while the S&P 500 rose by 19, or 0.6%, to
July 22, 2020Like

Energy Stocks Surge As Europe Strikes Stimulus Deal

Hi Everyone, The stock market finished mixed following a two-faced and choppy session that ended on a negative note, despite a strong rally in the energy and financial sectors. The Dow was up 160, or 0.6%, to 26,840, the Nasdaq lost 87, or 0.8%, to 10,680, while the S&P 500
July 20, 2020Like

Tech Stocks Dominate As Pandemic Continues To Rage

Hi Everyone, The stock market finished higher thanks to a strong intraday rally on Wall Street, as the hopes regarding the EU’s stimulus package and the positive vaccine results boosted risk assets. The Dow was up 9, or 0.03%, to 26,681, the Nasdaq gained 264, or 2.5%, to 10,767, while
July 17, 2020Like

Stocks Edge Lower But Bulls Hold Their Ground

Hi Everyone, The stock market finished in the red following a choppy and relatively quiet session on Wall Street with traders focusing on another batch of quarterly reports. The Dow was down 135 or 0.5%, to 26,735, the Nasdaq lost 77, or 0.7%, to 10,474, while the S&P 500 fell
July 16, 2020Like

Financials And Industrials Lead Rally As Goldman Smashes Estimates

Hi Everyone, The stock market advanced for the second session in a row following a choppy and nervous session on Wall Street, as the positive economic reports and the bullish earnings outweighed the continued virus-related worries and the geopolitical escalation. The Dow was up 228, or 0.9%, to 26,870, the
July 15, 2020Like

Stocks Jump As Investors Look Past Mixed Earnings

Hi Everyone, The stock market finished the session in the green thanks to the strong intraday rally. The Dow extended its winning streak to three days in the face of the mixed earnings reports. The Dow was up 557, or 2.1%, to 26,643, the Nasdaq gained 98, or 0.9%, to
July 14, 2020Like

Stocks Give Back Early Gains As Nasdaq Plunges

Hi Everyone, The stock market finished broadly lower, following a volatile roller-coaster ride on Wall Street with the Nasdaq’s sharp intraday drop weighing on the market in the latter half of the session. The Dow was up 11, or 0.04%, to 26,086, the Nasdaq lost 227, or 2.1%, to 10,391,
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.

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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