Market Commentary

Market Commentary

Market CommentaryFor the week of April 6, 2020 The Markets Stocks slid on the final day of another volatile week, amid dismal unemployment and a spike in coronavirus-related deaths in New York. Andrew Cuomo, governor of New York, reported over 100,000 cases and 2,900 deaths. For the week, the Dow fell 2.65 percent to close at 21,052.53. The S&P lost 2.02 percent to finish at 2,488.65, and the NASDAQ dropped 1.69 percent to end the week at 7,373.08.  Returns Through 4/
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Market Commentary

Market CommentaryFor the week of March 30, 2020 The MarketsFollowing three days of big gains, stocks slid across the board Friday amid news of a sharp spike in confirmed coronavirus cases. Johns Hopkins University reported the U.S. had 85,000 confirmed cases – the highest number in the world. Despite Friday’s losses, the Dow achieved its best weekly percentage gain since 1938, and the S&P attained its best weekly percentage gain since 2009. For the week, the Dow rose 12.84 p
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Market Commentary

Market Commentary
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Market Commentary

Market CommentaryFor the week of March 16, 2020 The MarketsStocks enjoyed their best day since 2008 and gained back a chunk of Thursday’s steep losses after President Trump declared a national emergency to combat the coronavirus. Although the indexes spiked over 9 percent on Friday, they still suffered serious losses for the week. For the week, the Dow fell 10.24 percent to close at 23,185.62. The S&P lost 8.73 percent to finish at 2,711.02, and the NASDAQ dropped 8.14 percent to
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IRA and Retirement Plan Limits for 2020

      Todd Terhorst – President, Founder Pete Zvanovec – VP, Client Planning todd@diversifiedwealthmanagement.com pete@diversifiedwealthmanagement.com   612-435-0035 – Todd 612-435-0044 – Pete 4501 Minnetonka Blvd. Ste. 200 St. Louis Park, MN 55416   IRA and Retirement Plan Limits for 2020 IRA contribution limits The maximum amount you can contribute to a traditional IRA or a Roth IRA in 2020 is $6,000 (or 100% of your earned income, if les
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Check the background of this financial professional on FINRA's BrokerCheck