Laurie Fried and Jeanie Schwarz Discussed Financial Wellness at Parlay House

Laurie Fried and Jeanie Schwarz Discussed Financial Wellness at Parlay House

Recently, Laurie Fried and Jeanie Schwarz (Principals at Lumina Financial Consultants) appeared on Parlay From Away: A Digital Conversation Series. We walked through taking control of our financial wellness as women and discussed best practices for coping with economic uncertainty. If you weren’t able to experience this illuminating event with us, please enjoy the recorded conversation.

Weekly Market Update – April 24, 2020

Weekly Market Update – April 24, 2020

Markets were mixed on the week, as the large- cap U.S. market indices snapped their two-week winning streak and ended lower while the smaller- caps ended higher
Besides the ever-present COVID-19 concerns, the week was dominated by the negative price of oil, a busy corporate earnings week and stimulus3.5 from the federal government
The DJIA dropped 1.9% on the week, followed closely behind by the S&P 500’s 1.3% loss, NASDAQ’s small 0.2% decline and the smaller- cap Russell 2000’s 0.3% gain
On Monday, the price of a barrel of WTI crude to be delivered in May settled at -$37.60 per barrel, the first time in history that it has closed in negative territory
As the week progressed, WTI crude futures rallied, with the June WTI contract ultimately ending the week north of $17/barrel
Despite the extreme volatility in oil, the Energy sector was the only S&P 500 sector to see gains, as it jumped 1.7% on the week
The Real Estate (-4.4%) and Utilities (-3.8%) sectors fared the worst on the week
Weekly initial claims for the week ending April 18 decreased by 810,000 to 4.4 million