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Charles Schwab and Co., Inc.
- Jul 17, 2020
- 9 min
Markets Finish Week Mixed, Miss Posting a Three-peat
U.S. equities finished out a bumpy week mixed, dashing hopes of a three-peat for all the major indexes to post weekly gains, as a recent pullback in tech shares pushed the Nasdaq into negative territory for the week. The persistent rise in new COVID-19 cases appeared to be the main culprit in the lack of conviction, despite a recent string of upbeat global economic data and further progress out of the Health Care sector on finding an answer to the pandemic. In economic news,
30

Charles Schwab and Co., Inc.
- Jul 11, 2020
- 9 min
Stocks Put Positive Finishing Touches to Choppy Week
U.S. stocks finished higher with the technology sector extending a recent surge that returned the Nasdaq back to record highs, while equities that have been punished by uneasiness regarding the persistent rise in new COVID-19 cases in the U.S. rebounded. Gilead Sciences contributed to the rebound of economic "reopening" stocks after it announced more positive results from a study of its COVID-19 treatment candidate known as Remdesivir. WD-40 missed quarterly expectations, For
70

Charles Schwab and Co., Inc.
- Jul 6, 2020
- 7 min
Rally Continuing as Stocks Return from Holiday Weekend
U.S. stocks are extending last week's solid advance coming off a long holiday weekend, with the global markets appearing to be buoyed by recent economic data suggesting a recovery in activity, and supported by the foundation of the massive monetary and fiscal policy relief measures. Equity markets in China and Hong Kong surged to lay the groundwork, while M&A is in focus, with Uber Technologies agreeing to acquire Postmates for nearly $2.7 billion and Berkshire Hathaway purch
40
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