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Markets are slightly lower             Market Brief Wall Street started the week up, due to Moderna’s announcement of their new vaccine which should be effective at 94%. This is important news as the second wave continues to hit countries around the world. Markets seem to have been fuelled lately by […]

Election week

  Market Brief After recording its worst month since March, Wall Street rebounded Monday on the eve of the US election. The Dow ended the session up 1.60%, the NASDAQ gained 0.42% while the S&P 500 advanced 1.23%. “The decline had been really big and fast and the markets were oversold, which led to buying moves […]

Solid earnings from tech companies

Market Brief Markets had a rough start on Monday as the United States experienced its highest rate of daily coronavirus cases. The market decline came after data compiled by Johns Hopkins University was released that shows daily coronavirus cases in the United States have increased 68,767 people in the last seven days. On Sunday alone, […]

Rally for Snapchat

Market Brief Wall Street started the week in the green as investors remained optimistic regarding a possible budget deal. The Dow opened up 100 points, the NASDAQ gained 0.5% and the S&P 500 advanced 0.4%. Nancy Pelosi said over the weekend that she was giving the Trump administration 48 hours to reach a deal ahead of […]

Earnings Season

Market Brief Markets were pushed higher by a rally in tech stocks on Monday at the opening. This good performance continued throughout the session, allowing the indexes to post significant gains. The Dow ended up 250 points, the S&P 500 1.64%, and the NASDAQ 2.56%. The latter recorded its best performance since last April. “A lot of money […]

Trump’s tweet disturbs the markets

  Please note that we have updated the performance on our website https://www.pratte.ca/en/performance/ You will be pleasantly surprised to discover that our portfolios have been significantly less volatile than the markets. We would also like to take the opportunity to wish you a happy Thanksgiving. Market Brief The markets started the week on a positive […]

A difficult month of September for markets

Market Brief Markets rebounded on Monday, attempting to recover gains lost in recent weeks. The Dow ended the session up 410 points, the S&P 500 gained 1.6% and the NASDAQ 1.9%. Tech stocks also had a good day; Facebook and Amazon accumulated gains of 0.8% and 2.6%, Apple advanced 2.4% while Alphabet gained 1.4%. Stocks from the […]

Another difficult week

    Market Brief Markets had a tough session on Monday; the Dow fell more than 900 points midway through the session while the S&P lost 3.6% and the NASDAQ 2.1%. Fears surrounding the increase in COVID-19 cases in Europe and lower tech stocks dragged markets down. “Instead of calming things down, the weekend break seems […]

Spectacular IPO for Snowflake

Market brief The S&P 500 fell 2.5% last week, marking the largest one-week drop for the index since June 26. The benchmark is down 4.6% this month. These losses were largely attributable to a sharp decline in technology stocks, the best-performing market sector to date. The S&P 500 tech sector plunged more than 4%, its biggest weekly […]

Tech stock sell-off

  Market Brief Returning from a long weekend, markets opened lower on Tuesday, pulled once again by tech stocks. Wall Street ended the week in the red last Friday, as technology stocks fell sharply on Thursday. “The market was based on an explosive growth and we should expect a downturn,” said Adam Sarhan, founder, and […]

A volatile week

Dear Readers, Please note that the blog will take a break during the summer period. We will be back in September. We take this opportunity to wish you a wonderful summer and to thank you for your loyalty. Context Top three indexes finished down last week due, among other things, to fears of a second […]

Another rollercoaster week

Context The optimism from last week resumed on Monday at the opening. The Dow gained 222 points, the S&P 500 climbed 0.4% and the NASDAQ advanced 0.1%. Stocks linked to the reopening of the American economy such as United (+ 6.1%), Kohl’s (+ 5.6%) and Carnival Corp. (+ 11%) continued to perform well on Monday. […]