Market news

Daily market analysis
3.31.20 | 5:00 p.m. CT

 

Market update:

Markets closed down today. Uncertainty around corporate earnings growth in the face of COVID-19, depressed oil prices and slowing global growth continue to weigh on stock prices.

Our take:

The economy appears likely to contract into next quarter based on the expected duration of social distancing measures. We continue to emphasize the need to live and invest within your means, paying particular attention to capital preservation and liquidity first.

Latest market updates

 

3.30.20
Weekly market analysis

3.3 million Americans claimed unemployment insurance last week – the most weekly claims in U.S. history. Learn how markets are responding to this sobering news.

Read our take

New Commentary
3.27.20
Business owners: Here’s how the stimulus package can help

Learn about how the SBA is rallying together to help support small businesses financially impacted by the coronavirus pandemic. The new Paycheck Protection Program offers assistance from payroll and healthcare to interest on debt.

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New Situation Analysis
3.26.20
Market rebounds as fiscal stimulus arrives

Markets performed strongly on news that the U.S. Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on Thursday by a unanimous vote. Learn what this may mean for you.

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3.9.20
How to invest during ongoing capital market volatility

Our investment strategists outline the three major decision points facing investors in this challenging market environment.

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2.28.20
Market volatility update with Thomas Hainlin (video)

In this short video, Thomas Hainlin, national investment strategist at U.S. Bank Wealth Management, discusses why markets are reacting to coronavirus news.

Watch the video

U.S. Bank in the news

3.31.20 | MarketWatch | Article
Dow closes 400 points lower to end worst first quarter on record as coronavirus worries linger
“Uncertainty around corporate earnings growth in the face of COVID-19, depressed oil prices and slowing the pace of global growth are among reasons to remain cautious in the near term,” Terry Sandven, chief equity strategist at U.S. Bank Wealth Management, said.

3.25.20 | Washington Post | Article
Dow swells nearly 500 points as Wall Street stretches stock rally into second day
"The two-day rally we are experiencing does not constitute a bull market,” said Terry Sandven, chief equity strategist at U.S. Bank. “Until we get greater clarity, we expect volatility is going to remain high.”

3.24.20 | Associated Press | Article
Dow has best day since 1933 as Congress nears deal on aid
“One of the things to be careful about is thinking this will be the panacea or that this fiscal response will be sufficient,” said Eric Freedman, chief investment officer at U.S. Bank Wealth Management.

3.20.20 | Fox Business | Video
When is it time to buy into the market free fall?
Nuveen's chief equity strategist Bob Doll and U.S. Bank Wealth Management CIO Eric Freedman discuss why the stock markets are plummeting and what needs to happen for them to recover again.

3.17.20 | Associated Press | Article
Stocks jump after Trump promises to ‘go big’ on virus aid
“There are still a lot of questions in the mind of the market as to what will be enough,” said Robert Haworth, senior investment strategist at U.S. Bank Wealth Management. “It’s a start, but there’s still a lot to be determined.”

Quarterly outlook

 

Q1 2020 dawn of a new decade

For investors, 2019 represented gains across major asset classes following a lackluster 2018 – leading many to wonder whether the momentum will continue in 2020.

Based on insights from our investment management strategists, these key factors could impact your financial strategy:
1. Global growth prospects up
2. U.S. stocks poised to trend higher
3. Long-term interest rates will likely remain near all-time lows

Continue reading

Q1 2020 Dawn of a new decade.

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