The S&P 500 Index ended the week -2.6%, the Dow was -1.2%, and the NASDAQ was +0.1%. The 10-year U.S. Treasury note yield decreased to 3.446% at Friday’s close versus 3.452% the previous week. As expected, the Federal Reserve raised the Fed funds rate by 0.25% to a 5.00% to 5.25% range. It left …
The S&P 500 Index ended the week +0.9%, the Dow was +0.9%, and the NASDAQ was +1.9%. The 10-year U.S. Treasury note yield decreased to 3.452% at Friday’s close versus 3.572% the previous week. Regulators closed First Republic Bank over the weekend and sold all of its deposits and most of its assets to …
Despite the rush of individual company earnings reports, the equity markets stayed nearly flat for the week. The S&P 500 Index ended the week -0.1%, the Dow was -0.2%, and the NASDAQ was -0.6%. The 10-year U.S. Treasury note yield increased to 3.572% at Friday’s close versus 3.552% the previous week. First quarter earnings …
On Wednesday, April 26th, NovaPoint’s president, Alan Conner, will be speaking at the Markets Group 8th Annual Private Wealth Southeast Forum in Atlanta. Alan will join a panel of fellow fixed income experts to discuss “Investment Opportunities in the Fixed Income Markets”. The Private Wealth Southeast Forum is the leading conference for RIAs, family …
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The first quarter earnings season is underway. Several of the large banks reported at the end of last week. This week we will hear from a larger and more diversified group of companies. This should keep the focus on individual company fundamentals for the next few weeks leading up to the next Federal Open …
April is off to a modest start in the equity markets. The S&P 500 Index ended the holiday shortened week -0.1%, the Dow was +0.7%, and the NASDAQ was -0.9%. The 10-year U.S. Treasury note yield decreased to 3.383% at Friday’s close versus 3.490% the previous week. The March employment report showed 236,000 new …
Earlier last month we mentioned March had come in like a lion. Then came the banking crisis. As the crisis began to resolve, investor confidence returned and March went out like a lion. The S&P 500 Index ended the last week of March +3.5%, the Dow was +3.2%, and the NASDAQ was +3.3%. The …
The equity markets rose last week as some stability returned to the banking system and the Federal Reserve signaled it was nearing the final increases in its monetary policy tightening cycle. The S&P 500 Index ended the week +1.4%, the Dow was +1.2%, and the NASDAQ was +2.0%. The 10-year U.S. Treasury note yield …
The equity markets had a volatile week as risk appetite fluctuated with developments in the banking sector. The S&P 500 Index end the week +1.5%, the Dow was -0.1%, and the NASDAQ was +5.8%. The 10-year U.S. Treasury note yield decreased to 3.423% at Friday’s close versus 3.699% the previous week. The Federal Open …
The equity markets fell sharply at the end of last week prompted by stability concerns in the banking sector after the closure of Silicon Valley Bank. The S&P 500 Index ended the week -4.5%, the Dow was -4.3%, and the NASDAQ was -3.7%. The 10-year U.S. Treasury note yield decreased to 3.695% at Friday’s …
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