Markets were down 4.82% for the week following disappointing guidance from the Fed and fears of rising COVID cases.

It was quite a week in the markets highlighted by a surprise drop in the unemployment rate that was announced on Friday. This led the markets to jump quite a bit and we are now within striking distance of pre-COVID levels on the S&P 500.

It was a very interesting short week in the markets last week, capped by a press conference from President Trump on our relationship with China and ahead of a volatile weekend of protests related to the death of George Floyd. So far, the markets continue to shrug all of this off this volatility.

The S&P was up about 3% for the week, essentially offsetting the losses from the previous week and was another rollercoaster of a week with large up and down days.

Many are asking whether now is the right time to be getting more aggressive with their investments after the large downturn we saw in the market in March and continued volatility since.

The S&P 500 was down 2.21% this week. It was down heavily early in the week and bounced back on Thursday & Friday when economic data was released.

The Stock Market was up last week with the S&P finishing up 3.6% with a large rally late in the week. The market performance was in spite of pretty bad economic data with unemployment numbers in particular.

Welcome to the video recap of our latest Konvergent Happy Hour!

Major GDP contraction in Q1 while unemployment continues to rise. Check out the latest video on this week’s market update as well as some positive news on the PPP for Small Business Owners.

Join us for a discussion with marriage and family therapist, Joe Shaub on How to Keep Your Relationship Healthy When the World is Sick.

The S&P was down 1.30% for the week but was not a smooth path to get there – down early in the week with markets rallying at the end of the week.