Market Update October 2020
Submitted by Corrigan Financial, Inc on October 28th, 2020Although economic data and corporate earnings continued to show solid improvement, domestic stock markets were down in October. After peaking in early September, all three major indexes – The Dow, S&P 500, and Nasdaq Composite – registered declines for the second straight month. Market activity reflected fears associated with growing coronavirus infections and the related concerns that any new lockdowns could derail the current economic rebound.
