Choppy Waters

April 13, 2026

  Equities rose sharply last week on the U.S. – Iran ceasefire announcement, but unsuccessful talks in Pakistan over the weekend bring back uncertainty. For the week, the S&P 500 Index was +3.6%, the Dow Jones Industrials +3.1%, and the NASDAQ +4.5%. The Communication Services, Consumer Discretionary, and Technology sectors led the S&P 500 Index …

Deal or No Deal

April 6, 2026

  Equities stemmed their five-week decline last week. For the week, the S&P 500 Index was +3.4%, the Dow Jones Industrials +3.0%, and the NASDAQ +4.0%. The Communication Services, Technology, and Real Estate sectors led the S&P 500 Index for the week, while the Energy, Consumer Staples, and Utility sectors lagged. The 10-year U.S. Treasury …

A Duller Quarter

March 30, 2026

  Equities declined for a fifth consecutive week as military action in the Middle East and higher energy prices continue to weigh on investor sentiment.  For the week, the S&P 500 Index was -2.1%, the Dow Jones Industrials -0.9%, and the NASDAQ -3.2%. The Energy, Materials, and Utility sectors led the S&P 500 Index for …

Pumped Up

March 23, 2026

  Equities declined for a fourth consecutive week as military action in the Middle East has pushed energy prices higher.  For the week, the S&P 500 Index was -1.9%, the Dow Jones Industrials -2.1%, and the NASDAQ -2.0%. The Energy, Financials, and Communication Services sectors led the S&P 500 Index for the week, while the …

Three Weaks

March 16, 2026

  Equities declined for a third consecutive week.  For the week, the S&P 500 Index was -1.6%, the Dow Jones Industrials -1.9%, and the NASDAQ -1.0%. The Energy, Utilities, and Consumer Staples sectors led the S&P 500 Index for the week, while the Financials, Industrials, and Consumer Discretionary sectors lagged. The 10-year U.S. Treasury note …

Still Running

March 9, 2026

  Continued conflict in the Middle East and a weak labor market report pushed equities lower last week.  For the week, the S&P 500 Index was -2.0%, the Dow Jones Industrials -2.9%, and the NASDAQ -1.2%. The Energy, Technology, and Consumer Discretionary sectors led the S&P 500 Index for the week, while the Materials, Consumer …

Trade Offs

February 23, 2026

  Equity markets rose on Friday to close higher for the week following the Supreme Court decision to overturn the Trump Administration’s use of unilateral emergency tariffs. For the week, the S&P 500 Index was +1.1%, the Dow Jones Industrials +0.3%, and the NASDAQ +1.2%. The Communication Services, Industrials, and Consumer Discretionary sectors led the …

Couldn’t Stick the Landing

February 17, 2026

  Despite upbeat economic and corporate earnings news, stocks fell for a second consecutive week. For the week, the S&P 500 Index was -1.3%, the Dow Jones Industrials -1.2%, and the NASDAQ -1.3%. The Utility, Real Estate, and Materials sectors led the S&P 500 Index for the week, while the Financials, Communication Services, and Consumer …