Weekly Investment Perspective April 28, 2020
April 28, 2020
U.S. equity markets took a pause in their recent rally and slid lower last week as they were weighed down by Monday’s historic collapse in oil prices in addition to the bleak picture painted by economic and corporate earnings data. For the week, the S&P 500 lost -1.3%, while the Dow and Nasdaq Composite fell -1.9% and -0.2%, respectively.