Daily Market Commentary

July 3, 2020

Bonds
Treasury fell to session lows after strong June employment report in which May data was revised higher.

Economy
From a 2,997-point rout in the Dow to two 9% single-day rallies in the S&P 500, the 2020 stock market has served up a raft of tantalizing sessions for would-be market timers.

Global
European stocks dropped with U.S. futures on Friday as investors mulled reported conflict among policy makers over a stimulus package for the single-currency region, and political upheaval in France.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

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