As concerns over the coronavirus (also referred to as COVID-19) continue to dominate news headlines, cause volatility in the marketplace, and test investor confidence in securities markets, one thing remains unchanged - Leigh Baldwin & Co. and its commitment to assist clients through turbulent times. Along with the securities markets, we remain open and available to clients, ready to assist with any needs, questions, or concerns as they arise.
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112 Albany Street, Cazenovia, NY 13035 (315) 655-2964 Toll Free: 1-800-659-8044
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The markets rose sharply once again as the S&P 500 is on its longest winning streak since February and the greatest 50 day rally in history. The Dow Jones Industrial Average jumped 527 points, or 2% to 26,269. First close above 26,000 since the first week of March. The S&P... Read More
The major averages rose once again focusing on the reopening of the economy from the coronavirus pandemic even amid civil unrest around the U.S. The Dow Jones Industrial Average climbed 267 points, or 1.1%, to 25,742. The Nasdaq Composite advanced 0.6% to 9,608 while the S&P 500 gained 0.8% to... Read More
The major averages rebounded from earlier losses starting off a new month to the plus side due to increasing hopes of a successful reopening of the economy. The Dow Jones Industrial Average gained 91 points, or 0.4%, to close at 25,475. The S&P 500 climbed 0.4% to 3,055 while the... Read More
The major averages recovered into the close erasing losses earlier in the session, as traders breathed a sigh of relief after President Donald Trump signaled no changes to the trade deal with China despite rising tensions. The Dow Jones Industrial Average finished down 17 points weighed down by the financials.... Read More
The major averages closed lower for the first time this week erasing solid gains earlier in the day. The Dow Jones Industrial Average finished down 147 points, or 0.6%, at 25,400. At its session high, the Dow was up 210 points. The S&P 500 slid 0.2% to 3,029 giving back... Read More
The major averages rose for a second day on Wednesday as Wall Street grew more optimistic about the economy reopening. The Dow Jones Industrial Average jumped 553 points, or 2.2%. The 30-stock average also closed above 25,000 for the first time since March 10th. The S&P 500 closed 1.5% higher... Read More
The major averages surged to start the short holiday week as optimism grows about the reopening of the economy and a potential coronavirus vaccine. The Dow Jones Industrial Average gained 529 points, or 2.2%. The 30-stock average briefly traded above 25,000 for the first time since early March before closing... Read More
The major averages closed little changed on Friday as investors capped a strong week of gains amid optimism around a potential coronavirus vaccine and the U.S. reopening its economy. The S&P 500 rose 0.2% to 2,955 while the Dow Jones Industrial Average slipped 8 points to 24,465. The Nasdaq Composite... Read More
The major averages pulled back following weak economic data and increased U.S.-China tensions. The Dow slid 101 points, or 0.41%, to close at 24,474. The S&P 500 dipped 0.78% to 2,948 while the Nasdaq Composite fell 0.97% to close at 9,284. The small-cap Russell 2000, however, eked out a 0.1%... Read More
The major averages rebounded sharply from yesterday's sell off, building on the week's gains, as traders increased bets of an economic recovery with more states, in fact all 50 states, easing stay-at-home orders. The Dow Jones Industrial Average closed up 369 points or 1.5%, at 24,575. The S&P 500 advanced... Read More
The major averages fell for the first time in four days giving back some of the strong gains from the previous session, amid sharp losses from retail and bank shares. The Dow Jones Industrial Average dropped 390 points, or 1.6%, to close at 24,206. The S&P 500 slid 1.1% to... Read More
The major averages surged on positive news from drug maker, Moderna on their vaccine trial stoking optimism about a potential coronavirus vaccine. The Dow Jones Industrial Average rose 911 points higher, or 3.9% to $24,597. The S&P 500 gained 3.2% while the Nasdaq Composite advanced 2.4%. The Dow and S&P 500... Read More
The major averages finished in the green, but capped the week with significant losses due to a slew of somber economic reports and increasing tensions between China and the U.S. Read More
The major averages staged a nice turnaround following dismal U.S. unemployment data this morning. The Dow Jones Industrial Average finished up 377 points or 1.6%, after falling more than 450 points earlier in the day snapping a three-day losing streak. The S&P 500 climbed 1.15% while the Nasdaq rose 0.91%. Bank... Read More
The major averages fall for a second straight day as investors grappled with downbeat remarks from the Federal Chairman and comments from two billionaire investors. The Dow Jones Industrial Average dropped 516 points, or 2%, to 23,247. The 30-stock average had its worst day since May 1. The S&P 500... Read More
The major averages fell sharply on Tuesday, giving back some of their recently strong gains, as investors evaluated the latest attempts to reopen the economy. The Dow Jones Industrial Average closed down 457 points or 1.9%, at 23,764. The S&P 500 dropped 2.1% to 2,870 while the Nasdaq Composite also... Read More
The S&P 500 and Nasdaq closed in the green even as the Dow remained in the red on nervousness the reopening of the economy could cause additional outbreaks of COVID-19, especially after reports pointed to an uptick in cases in Germany and South Korea. The Dow finished down 109 points at... Read More
The major averages finished strong following the ugliest monthly jobs report ever. The Dow Jones Industrial Average traded up 450 points or 1.9%. The S&P 500 gained 1.6% while the Nasdaq Composite climbed 1.5%. Investors seem to be betting the worst of the coronavirus and its impact on the economy... Read More
The major averages close in the green as the Nasdaq Composite rose for a fourth straight day closing positive for the year. The Dow Jones Industrial Average rose 211 points, or 0.9%, to 23,875. The S&P 500 gained 1.2% to close at 2,881. The tech-heavy index closed 1.4% higher at... Read More
The Dow Jones Industrial Average and S&P 500 fell for the first time in three days on Wednesday as investors weighed the prospects of reopening the economy along with a dismal report on U.S. payrolls. The Dow closed 218 points lower, or 0.9%, at 23,664. The Dow reached its session low... Read More
The major averages rose for a second day as investors bet the U.S. economy could start to reopen again while oil prices jumped for a fifth straight day. The Dow Jones Industrial Average closed up 133 points or 0.6%, at 23,883. The S&P 500 gained 0.9% while the Nasdaq advanced... Read More
The major averages stage a turn around to finish in the greens thanks to advances in the biggest U.S. technology. The Dow Jones Industrial Average finished up 26 points at 23,749 after being down as much as 360 points at one point. The S&P 500 rose 0.4%, or 12 points,... Read More
The major averages slumped to start the month of May after the best month of April in over 18 years. The Dow Jones Industrial Average finished down 622 points, or 2.5%, at 23,723 as Dow Inc and Exxon Mobil each fell more than 7%. The S&P 500 dropped 2.8% to... Read More
The major averages pulled back to end a wild, but positive month of April. The Dow Jones Industrial Average closed down 288 points or 1.2%, at 24,345. The S&P 500 slid 0.9% to 2,912. The Nasdaq Composite fell 0.3% to 8,889. The S&P 500 posted its third-largest monthly gain since World... Read More
The major averages will surge once again thanks to positive data from a potential coronavirus treatment from Gilead Sciences while investors digested a sharp drop in U.S. economic activity. The Dow Jones Industrial Average is set to open over 400 points higher. The S&P 500 and Nasdaq are set to... Read More
The major averages sold off into the close snapping a 4-day winning streak as big tech shares led the decline. The Dow Jones Industrial Average initially rose 300 points, but finished down 32 points at 24101. The S&P 500 lost 15 points or 0.5% while the Nasdaq declined 1.4% led... Read More
The major averages soared as investors cheered the possibility of reopening the economy after the coronavirus outbreak. The Dow Jones Industrial Average closed up 358 points higher, or 1.5%, at 24,133. The S&P 500 gained 1.5% to close at 2,878 while the Nasdaq Composite advanced 1.1% to 8,730. Monday's gains put... Read More
The major averages closed higher to finish a roller coaster week thanks to oil prices clawing back from historic losses earlier in the week. The Dow Jones Industrial Average closed 260 points higher, or 1.1%, at 23,775. The S&P 500 gained 1.4% to close at 2,836 while the Nasdaq Composite... Read More
The major averages went on a wild ride following a report Gilead's drug stock may not be the right treatment for the coronavirus. The Dow Jones Industrial Average closed up 39 points higher, or 0.2%, at 23,515. Earlier... Read More
The major averages rebound for the first time in three days on Wednesday as crude prices stabilized after a record plunge while better-than-expected earnings also lifted market sentiment. The Dow Jones Industrial Average jumped 456 points, or nearly 2%, to 23,475. The S&P 500 climbed 2.3% to 2,799 while the... Read More
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