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 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. The S&P 500 finished up 14 points at 3044. The Nasdaq Composite jumped 1.2% as chip stocks rallied. Read More
The major averages closed little changed on Friday as investors capped a strong week of gains amid optimism around a potential coronavirus... 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. The Dow Jones Industrial Average advanced just 60 points, or 0.25%, to 23,685 ending the week lower by 2.65%. Earlier in the day, the 30-stock average dropped more than 270 points marking the second straight day for a sharp reversal. 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%.... 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 2,830 while the Nasdaq Composite closed 3.2% lower at 8,604 as even tech titan Amazon fell 7% following earnings. 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 advanced 1.7% to 8,634. Tech was the best-performing sector in the S&P 500 today, gaining 2.1% as Apple climbed over 2% as their CEO told President Trump he expects a V shape recovery. Read More
The major averages surged today following a report from a Chicago hospital saying coronavirus patients treated with Gilead's experimental drug, remdesivir recovered rapidly... Read More
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The major averages attempted to rally on Friday, but failed, concluding one of the most volatile weeks on Wall Street ever as investors... Read More
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The major averages finished in the red, but up for the week thanks to a nice recovery into the close. The Dow Jones... Read More
The major averages tumbled once again but closed well off the lows as the spread of the coronavirus remains front and center. The... Read More
The major averages fell sharply on Friday after the number of new coronavirus cases in more countries fueled worries over a pronounced global... Read More
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The major averages pulled back to end the week after making new highs for the year. Worries over the coronavirus' impact on the... Read More
The major averages fell sharply on Friday, wiping out the Dow Jones Industrial Average's gain for January, as investors grew increasingly worried about... Read More
The major averages pulled back after the second U.S. case of the deadly coronavirus was confirmed, stoking concerns over the sickness' impact on... Read More
The major averages wrapped up a solid weekly performance with new record levels, strong global economic data... Read More
The major averages pulled back on Friday, reversing from all-time highs, as investors digested weaker-than-expected jobs data to end a volatile week full... Read More
The major averages pulled back following the U.S. airstrike in Iraq that killed Iran's top military commander, sending oil prices surging and ratcheting... Read More
The Dow and S&P 500 notched fresh records on Friday as year-end optimism continued to drive the rally. The Dow Jones Industrial Average... Read More
The major averages rose to fresh record highs on Friday to end the week with solid gains as geopolitical risks abate toward the... Read More
The major averages closed modestly higher on Friday after China and the U.S. agreed to a phase one trade deal as investors concluded... Read More
The major averages surged on Friday on the back of U.S. jobs growth that easily topped analyst expectations as Wall Street wrapped up... Read More
The major averages finish lower on Black Friday as investors await a concrete trade deal with China. The Dow Jones Industrial Average dipped... Read More
The major averages finished higher on the day even as the S&P 500 posted its first weekly decline in over a month amid... Read More
The Dow Jones Industrial Average rallied to record levels on Friday, reaching 28,000 for the first time ever, after White House economic advisor... Read More
The major averages inched into the green to notch fresh record closing highs today, as Wall Street capped off a week in which... Read More