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  • Alex Pettee, CFA

Another Brutal Day For Global Markets

Real Estate Daily Recap

It was another brutal day for U.S. equity markets as policymakers and central banks face an increasingly uphill battle to combat the mounting economic effects of coronavirus-related shutdowns. The S&P 500 ETF (SPY) finished lower by roughly 5% while the Dow Jones Industrial Average (DIA) shed another 1,300 points. The broad-based commercial Real Estate ETF (VNQ) dipped nearly 10% today with all 18 REIT sectors in negative territory.

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Hoya Capital Research & Index Innovations is an affiliated index provider and research firm that builds custom indexes tracking U.S. commercial and residential real estate sectors, including indexes tracked by exchange-traded funds (ETFs). 

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