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.
After hitting an all-time high yesterday, the S&P 500 rallied again today, albeit by less than a half percent. With volume light ahead of tomorrow's shortened session as we head into the 4th of July and the summer season, stocks were generally listless throughout. Nike made news by what they decided not to sell and Tesla made news by reporting better than expected deliveries. Oil was down sharply, even in the face of political upheaval. We are not expecting much from tomorrow, but who can forget Christmas Eve?
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