Thursday, October 22, 2020

Market roundup Sept. 21

By on September 21, 2020

SAN JUAN — The U.S. and global stock markets began the week in a pronounced downward spiral, marking the fourth losing session in as many days. Investors are reacting to the possibility of a new set of lockdowns that would undermine the shape of the economic recovery.

In addition, for investors, the Federal Reserve did not clarify its plans to support the economic recovery using its bond and commercial paper purchase programs.

Most economic sectors ended with negative year-to-date (YTD) results:

SectorChg YTD
Basic Materials-3.82%
Consumer Cyclical-1.88%
Consumer Defensive-1.21%
Financial Services-2.80%

On to the markets.

  • The Dow Jones Industrial Average closed at 27,147.70, down 509.72 points, or 1.84%.
  • The Standard & Poor’s 500 Index closed at 3,281.06, down 38.41 points, or 1.16%.
  • The NASDAQ Composite Index closed at 10,778.80, down 14.48 points, or 0.13%.
  • The Birling Capital Puerto Rico Stock Index closed at 1,572.03, up 30.88, or 2%.
  • The U.S. Treasury 10-year note closed lower, at 0.68%.
  • The U.S. Treasury 2-year note closed flat, at 0.14%

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