Market Commentary

Market Commentary

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Market Commentary

Market CommentaryFor the week of February 3, 2020 The Markets Fears over the coronavirus and its impact on the global economy, along with sluggish U.S. economic data, suppressed stocks last week. All three major indexes fell more than 1.5 percent Friday and experienced their worst week in six months. For the week, the Dow fell 3.09 percent to close at 28,256.03. The S&P lost 2.98 percent to finish at 3,225.52, and the NASDAQ dropped 2.68 percent to end the week at 9,150.94. 
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Market Commentary

Market CommentaryFor the week of January 27, 2020 The Markets Stocks slid in a broad sell-off Friday amid concern the spread of China’s coronavirus could disrupt travel and slow global economic growth. After the Centers for Disease Control and Prevention confirmed the second case of the virus in the U.S., the S&P saw its biggest one-day percentage drop in more than three months. For the week, the Dow fell 1.01 percent to close at 28,989.73. The S&P lost 0.63 percent to fi
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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