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Weekly Market Commentary


No Stimulus, Stocks Lower (October 26, 2020)

The failure to reach an agreement on a new fiscal stimulus bill soured investor sentiment and sent stocks modestly lower for the week.

The Down Jones Industrial Average fell 0.95%, while the Standard & Poor's 500 lost 0.53%. The Nasdaq Composite index slipped 1.06% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, declines 0.44%.

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