Weekly Market Commentary
Stocks Drift Lower (January 18, 2021)
Markets drifted lower last week as uninspired investors digested mixed news on the economic front.
The Dow Jones Industrial Average lost 0.91% while the Standard & Poor’s 500 slid 1.48%. The Nasdaq Composite index stumbled 1.54% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slipped 0.26%.Read the full update