Market Update – May 29, 2020

It has been 66 days since stocks bottomed on March 23rd and US equities have posted positive returns. The S&P 500 is up 35.4% through Thursday’s market close, while the Dow Jones Industrial increased 36.6% and the tech heavy NASDAQ Composite is up 36.5%. However, the broader indexes are still down year-to-date, except for the NASDAQ, which is now in positive territory.