Market and Economic Commentary for the Week-Ending 07/31/2020 Returns in the Markets for the Week-Ending 07/31/2020 Were as Follows: US Major Market Index ETFs (The first number in each category is the 1-week performance. The second number is the year-to-date performance) DIA Dow Jones 30 Industrial Average (-0.13%. -6.11%). SPY S&P 500 (+1.76%, +2.52%). QQQ NASDAQ Index (+4.00%, +25.69%). IWM Small-Cap Index (+0.88%, -10.42%). VIXY CBOE Volatility Index, or Fear Gage, (-5.10%, +88.58%). US Sector ETFs XLC Communication Services (+2.25%, +8.91%. XLY Consumer Discretionary (+1.08%, +10.01%). XLP Consumer Staples (+0.92%, +0.93%). XLE Energy (-3.95%, -37.77%). XLF Financial (-0.99%, -20.72%). XLV Health Care (+0.41%, +4.58%). XLI Industrials -0.15%, -10.85%). XLB Materials (-1.81%, -0.49%). XLRE Real Estate (+4.20%, -4.76%). XLK Technology (+4.97%, +21.43%). XLU Utilities (+0.91%, -4.09%). Global Market ETFs ACWI all-country World index (+0.66%, -1.17%). ACWX all-country World index ...