The S&P 500 Index fell sharply to end the week. Investors went on the defensive after the May Consumer Price Index (CPI) reading indicated that most major categories of inflation have not slowed their ascent. The S&P 500 ended the week -5.0%, the Dow was -4.6%, and the NASDAQ was -5.7%. The 10-year U.S. …
The S&P 500 Index had a small relapse last week after its big advance the week prior. The S&P 500 ended the week -1.2%, the Dow was -0.8%, and the NASDAQ was -1.0%. The 10-year U.S. Treasury note yield increased to 2.941% at Friday’s close versus 2.743% the previous week. As reflected in the …
An oversold market greeted some incrementally positive economic news last week and it led the S&P 500 Index to its strongest week of the year. The S&P 500 ended the week +6.6%, the Dow was +6.3%, and the NASDAQ was +7.2%. The 10-year U.S. Treasury note yield decreased to 2.743% at Friday’s close versus …
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The S&P 500 Index rallied back from an intra-day decline on Friday that had the Index temporarily down 20% from its peak. The S&P 500 ended the week -3.0%, the Dow was -2.8%, and the NASDAQ was -4.4%. The equity markets have declined for seven consecutive weeks amid concerns over the impact of rising …
Despite Friday’s strong relief rally, stocks still ended last week lower. The S&P 500 ended the week -2.4%, the Dow was -2.1%, and the NASDAQ was -2.4%. The 10-year U.S. Treasury note yield decreased to 2.928% at Friday’s close versus 3.142% the previous week. Both the Consumer Price Index (CPI) and Producer Price Index …
The equity market rally following the Federal Reserve’s monetary policy decision looked to be a false start after the market gave up the gain the following day and stocks closed lower for the week. The S&P 500 ended the week -0.2%, the Dow was -0.2%, and the NASDAQ was -1.2%. The 10-year U.S. Treasury …
Mixed earnings and anticipation of tighter monetary policy leading up to this week’s Federal Reserve meeting sent stocks down last week. The S&P 500 ended the week -3.3%, the Dow was -2.5%, and the NASDAQ was -3.8%. The 10-year U.S. Treasury note yield increased to 2.938% at Friday’s close versus 2.905% the previous week. …
A relatively good week for corporate earnings was overshadowed by Federal Reserve jawboning pointing to an almost certain 0.50% rate increase at the May Federal Open Market Committee (FOMC) meeting. The S&P 500 ended the week -2.7%, the Dow was -1.8%, and the NASDAQ was -3.9%. The 10-year U.S. Treasury note yield increased to …
A mixed start to first quarter earnings reporting and two key inflation reports sent equity markets lower last week. The S&P 500 Index ended the week -2.1%, the Dow was -0.8%, and the NASDAQ was -3.0%. The 10-year U.S. Treasury note yield increased to 2.828% at Thursday’s close versus 2.704% the previous week. The …
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