The S&P 500 Index fell sharply last Monday, down 3% on the day, but slowly gained that back over the course of the week to finish near flat. For the week, the S&P 500 was unchanged, the Dow was -0.6%, and the NASDAQ was +0.4%. Within the S&P 500 Index, the Industrial, Energy, and …
Equity markets retreated last week on concerns that rate cuts may come too late to keep the economy from slipping. For the week, the S&P 500 was -2.0%, the Dow was -2.1%, and the NASDAQ was -3.1%. Within the S&P 500 Index, the Utilities, Real Estate, and Communication Services sectors led the market, while …
The rotation continued last week with small cap stocks outpacing large cap stocks, especially in the technology sector. The Russell 2000 Index was +3.5% for the week, while the Dow was the only positive major average +0.8% and the S&P 500 fell 0.8% and the NASDAQ fell 2.6%. Within the S&P 500 Index, the …
The rotation away from large cap tech stocks and into small cap stocks continued last week. The S&P 500 Index was -1.9%, the Dow was +0.7%, and the NASDAQ was -4.0%. The Russell 2000 Index was +1.7% for the week. Within the S&P 500 Index, the Energy, Financial, and Real Estate sectors led, while …
Upside spread to wider areas of the equity market as investors gained confidence that inflation is trending lower and that rate cuts are on the horizon. For the week, the S&P 500 Index was +0.9%, the Dow was +1.6%, and the NASDAQ was -0.3%. Within the S&P 500 Index, the Real Estate, Utility, and …
Stocks advanced to start the third quarter. For the week, the S&P 500 Index was +2.0%, the Dow was +0.7%, and the NASDAQ was +3.0%. Within the S&P 500 Index, the Consumer Discretionary, Technology, and Communication Services sectors led, while the Energy, Health Care, and Industrial sectors lagged. The 10-year U.S. Treasury note yield …
Stocks fell modestly last week but closed out the first half of 2024 with gains. For the week, the S&P 500 Index was -0.1%, the Dow was -0.1%, and the NASDAQ was -0.1%. Within the S&P 500 Index, the Energy, Communication Services, and Consumer Discretionary sectors led, while the Utility, Materials, and Consumer Staples …
Stocks posted gains during the holiday shortened week. For the week, the S&P 500 Index was +0.6%, the Dow was +1.5%, and the NASDAQ was +0.2%. Within the S&P 500 Index, the Consumer Discretionary, Energy, and Financial sectors led, while the Utility, Real Estate, and Technology sectors lagged. The 10-year U.S. Treasury note yield …
Tame inflation data led the S&P 500 and NASDAQ higher last week, even though the Federal Reserve dialed back its projections for interest rate reductions . For the week, the S&P 500 Index was +1.6%, the Dow was -0.5%, and the NASDAQ was +3.5%. Within the S&P 500 Index, the Technology, Real Estate, and …
Markets absorbed strong employment data and finished higher last week. For the week, the S&P 500 Index was +1.4%, the Dow was +0.3%, and the NASDAQ was +2.5%. Within the S&P 500 Index, the Technology, Health Care, and Communication Services sectors led, while the Utility, Energy, and Materials sectors lagged. The 10-year U.S. Treasury …
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