Market Commentary

Market CommentaryFor the week of April 12, 2021 The Markets Despite an unexpected jump in jobless claims, stocks rose Friday amid the accelerating vaccine rollout and reopening optimism. Both the Dow and the S&P hit record closing highs. For the week, the Dow rose 1.99 percent to close at 33,800.60. The S&P gained 2.76 percent to finish at 4,128.80, and the NASDAQ climbed 3.13 percent to end the week at 13,900.19.  Returns Through 4/09/21 1 Week YTD 1 Yea

Market CommentaryFor the week of April 5, 2021 The Markets Stocks rose on the final trading day before a holiday weekend after President Biden introduced his $2 trillion infrastructure and economic recovery package. The S&P crossed the 4,000 mark for the first time. For the week, the Dow rose 1.64 percent to close at 33,153.21. The S&P gained 2.84 percent to finish at 4,019.87, and the NASDAQ climbed 3.88 percent to end the week at 13,480.11.  Returns Through 4/01

Market CommentaryFor the week of March 29, 2021 The Markets Stocks rose Friday after February data showed lower price pressures, which eased inflation concerns. Each major index rose more than 1 percent. For the week, the Dow rose 1.36 percent to close at 33,072.88. The S&P gained 1.58 percent to finish at 3,974.54, and the NASDAQ dropped 0.57 percent to end the week at 13,138.72.  Returns Through 3/26/21 1 Week YTD 1 Year 3 Year 5 Year Dow Jon

Market CommentaryFor the week of March 22, 2020 The Markets The Dow Jones and the S&P 500 fell Friday after the Federal Reserve decided not to extend a pandemic rule, which relaxed banks’ supplementary leverage ratio, allowing them to hold less capital against Treasurys and other holdings. For the week, the Dow fell 0.45 percent to close at 32,627.97. The S&P lost 0.74 percent to finish at 3,913.10, and the NASDAQ dropped 0.77 percent to end the week at 13,215.24. 

      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