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Market Recap (October 26 2020

October 26, 2020
Last week kicked off with extreme pessimism over the likelihood of Congress coming to agreement on a COVID-19 relief package coupled with concerns over a nationwide increase in COVID-19 cases. Some optimism did return the following days and the market see-sawed its way for the remainder of the week.
Overall, the markets ended the week lower, with the NASDAQ leading the way (1.06% lower) followed by the DJIA (0.9%) and the S&P 500 (0.51%). 
This week much attention will center on the final days of the presidential campaign. (See the replay from last week’s special Quarterly Investor Call for some presidential election perspective.) The markets will also likely focus on negotiations toward a COVID-19 relief bill and progress toward combatting the virus.