All posts by Francisco Rodríguez-Castro
Market roundup Sept. 9
SAN JUAN — The U.S. stock market was able to snap a three-day losing period that propelled the worst technology sell-off since the pandemic began in March. The increased activity in the options market is partly to...
- Posted September 9, 2020
Market roundup for Sept. 8
SAN JUAN — The U.S. stock market began the week with losses for a third consecutive trading day. The technology sector fueled a sell-off that made the Nasdaq drop 4.11% in value. The current loss equates to...
- Posted September 8, 2020
Market roundup for Sept. 4
SAN JUAN — The U.S. stock market finished the week Friday with more losses as all indices fell sharply. However, not all the news was negative. The U.S. economy continued its pace toward recovery with additional improvements...
- Posted September 4, 2020
Market roundup for Sept. 3
SAN JUAN — The U.S. stock market ended Thursday lower. All economic sectors saw losses. The technology sector, which we highlighted Wednesday, took significant hits. However, investors should not be surprised for the following reasons: The Nasdaq...
- Posted September 3, 2020
Market roundup for Sept. 2
SAN JUAN — The U.S. stock market continued its record-setting pace Wednesday. The Dow Jones closed just 1.5% short of its all-time high, reached Feb. 12, and the Nasdaq Composite surpassed 12,000, a highly significant milestone for the...
- Posted September 2, 2020
Market roundup for Sept. 1
SAN JUAN — The U.S. stock market continued its winning streak, setting new records; both the S&P 500 and the Nasdaq eclipsed previous records. One of the week’s most exciting developments is the $6 billion investment in...
- Posted September 1, 2020
Market roundup for Aug. 31
SAN JUAN – The U.S. stock market ended the month with a bang, with much higher increases than the previous weeks and on route to an August for the record books. If the rally holds, it will be...
- Posted August 31, 2020
Market roundup for Aug. 28
SAN JUAN — The U.S. stock market is on route to record the best August since the 1980s, or 40 years ago, as mostly technology and blue chip stocks drive the rally. Also, some key benchmarks reported...
- Posted August 28, 2020
Market roundup for Aug. 27
SAN JUAN — U.S. stocks closed mixed Thursday with the S&P 500 and Dow Jones up, and the NASDAQ and the Birling Capital Puerto Rico Stock Index ending lower. Two significant economic news reported: The Labor Department...
- Posted August 27, 2020
Market roundup for Aug. 26
SAN JUAN — Global stock markets finished ended Wednesday with record highs. The markets have recovered the more than $22 trillion lost from publicly traded stocks around the world. Quite a comeback. The following vital economic benchmarks...
- Posted August 26, 2020