Equity markets rose heading into the Memorial Day weekend, helped by continued earnings strength and a modest retreat in bond yields. For the week, the S&P 500 Index was +0.9%, the Dow Jones Industrials +2.2%, and the NASDAQ +1.2%. The Utility, Health Care, and Real Estate sectors led the S&P 500 Index for the …
NovaPoint Capital Named to PSN Top Guns List of Best Performing Strategies for Q1 2026
NovaPoint Capital Named to PSN Top Guns List of Best Performing Strategies for Q1 2026 Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts, managed accounts, and managed ETF strategies. Atlanta, Georgia—May 20, 2026— NovaPoint Capital announced today it has been named to the celebrated PSN Top Guns List of best …
Pan-Pacific Pragmatism
The U.S. – China Summit pointed to trade stabilization between the two countries, but higher energy prices kept a lid on market advances last week. For the week, the S&P 500 Index was +0.2%, the Dow Jones Industrials -0.1%, and the NASDAQ -0.3%. The Energy, Consumer Staples, and Technology sectors led the S&P 500 …
Modulating
Rising earnings, decreasing geopolitical tensions, and healthy job growth pushed equities higher for the sixth consecutive week. For the week, the S&P 500 Index was +2.4%, the Dow Jones Industrials +0.2%, and the NASDAQ +5.5%. The Technology, Communication Services, and Consumer Discretionary sectors led the S&P 500 Index for the week, while the Energy, …
The Earnings Strike Back
Strength in quarterly earnings reports pushed stocks higher. For the week, the S&P 500 Index was +0.9%, the Dow Jones Industrials +0.5%, and the NASDAQ +1.5%. The Communication Services, Energy, and Consumer Staples sectors led the S&P 500 Index for the week, while the Materials, Technology, and Industrial sectors lagged. The 10-year U.S. Treasury …
Earnings Run
The S&P 500 Index closed at a record high last week as positive earnings reports have taken investor focus off events in the Middle East. For the week, the S&P 500 Index was +0.6%, the Dow Jones Industrials -0.4%, and the NASDAQ +2.4%. The Energy, Technology, and Consumer Staples sectors led the S&P 500 …
Higher
Equities rose to new highs on the back of positive news in the Middle East. That may be tested this week as the conflict remains unsettled heading into the expiration of the two-week ceasefire. For the week, the S&P 500 Index was +4.5%, the Dow Jones Industrials +3.2%, and the NASDAQ +6.2%. The Technology, …
Choppy Waters
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
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
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
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
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
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 …
Geopolitical Risk Back on the Radar
Equity markets closed out the week on a down note, driven by concerns over AI disruption, higher than expected wholesale inflation, and geopolitical tensions. For the week, the S&P 500 Index was -0.4%, the Dow Jones Industrials -1.3%, and the NASDAQ -0.2%. The Utility, Consumer Staples, and Health Care sectors led the S&P 500 …
Trade Offs
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
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 …
Fickle Investor Sentiment
Concerns over large AI-related capital expenditure announcements rattled technology stocks. This pressured the NASDAQ, whereas the Dow Jones Industrial Average eclipsed 50,000 for the first time in its history. For the week, the S&P 500 Index was -0.1%, the Dow Jones Industrials +2.5%, and the NASDAQ -1.9%. The Consumer Staples, Industrial, and Energy sectors …
Top Five Items to Consider in the Federal Employee Retirement System
Fully understanding the Federal Employees Retirement System (FERS), applicable to almost all federal employees who were hired on or after January 1, 1984, can be complex. In this article, NovaPoint breaks down the top five topics that are the most important to understand and evaluate as you prepare for your federal retirement. The three …
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Groundhog Day
Markets absorbed a lot of corporate earnings results last week and finished mixed. For the week, the S&P 500 Index was +0.4%, the Dow Jones Industrials -0.4%, and the NASDAQ -0.2%. The Communication Services, Energy, and Utility sectors led the S&P 500 Index for the week, while the Health Care Consumer Discretionary, and Materials …
Digging Out
Geopolitical tensions around Greenland improved last week after some high-profile meetings at the World Economic Forum in Davos. A choppy week left stocks mixed with the S&P 500 and Dow Jones Industrials lower and the NASDAQ higher. For the week, the S&P 500 Index was -0.3%, the Dow Jones Industrials -0.5%, and the NASDAQ …
Mixed Signals
A positive fundamental outlook for stocks risks being blunted by geopolitical concerns. Last week, the S&P 500 Index was -0.4%, the Dow Jones Industrials -0.3%, and the NASDAQ -0.9%. The Real Estate, Consumer Staples, and Industrial sectors led the S&P 500 Index for the week, while the Financials, Consumer Discretionary, and Communication Services sectors …
Jump Start
Stocks had a solid first full week of trading in the new year. For the week, the S&P 500 Index was +1.6%, the Dow Jones Industrials +2.3%, and the NASDAQ +2.2%. The Consumer Discretionary, Materials, and Industrial sectors led the S&P 500 Index for the week, while the Utility, Technology, and Real Estate sectors …
Meghan Hoover Earns FRC Designation
NovaPoint is proud to announce that Meghan Hoover has earned the Federal Retirement ConsultantSM designation issued by the Federation of Federal Employee Benefit Advocates (FFEBA). The FRCSM certification is also a professionally listed designation with the Financial Industry Regulatory Authority (FINRA). The FRCSM designation signifies expertise in federal retirement systems to enable advisers to …
Opening Moves
Stocks posted a positive return on 2026’s first trading day, but a negative return for the week. Last week, the S&P 500 Index was -1.0%, the Dow Jones Industrials -0.7%, and the NASDAQ -1.7%. The Energy, Utilities, and Industrial sectors all had positive returns and led the S&P 500 Index for the week, while …
Last Call
Stocks head into the final week of trading with double-digit gains for the year. Last week, the S&P 500 Index was +1.4 %, the Dow Jones Industrials +1.2%, and the NASDAQ +1.2%. The Materials, Technology, and Financial sectors led the S&P 500 Index for the week, while the Consumer Staples, Consumer Discretionary, and Health …
Christmas Market
Stocks finished mixed again last week. The S&P 500 Index was +0.1%, the Dow Jones Industrials -0.6%, and the NASDAQ +0.6%. The Consumer Discretionary, Materials, and Health Care sectors led the S&P 500 Index for the week, while the Energy, Real Estate, and Consumer Staples sectors lagged. The 10-year U.S. Treasury note yield was …
Mixed
The Federal Reserve followed-through and provided an interest rate cut but concerns over the AI trade left markets mixed last week. The S&P 500 Index finished last week -0.6%, the Dow Jones Industrials +1.1%, and the NASDAQ -1.9%. The Materials, Financials and Industrials sectors led the S&P 500 Index, while the Communication Services, Technology, …
Hope for Holiday Easing
Confidence in an interest rate cut by the Federal Reserve at its meeting this week continued to carry stocks. The S&P 500 Index finished last week +0.4%, the Dow Jones Industrials +0.6%, and the NASDAQ +1.0%. The Energy, Technology, and Consumer Discretionary sectors led the S&P 500 Index, while the Utility, Health Care, and …
College Savings and Tax Benefits
Introduction – Total college costs have continued to increase year-over-year, with tuition costs tripling over the last 60 years, even when inflation is considered. According to an annual survey of colleges conducted by CollegeBoard, the 2024-2025 average annual cost for tuition and fees was $11,610 for public in-state students and $29,910 when considering all …
What’s in Store
A continued shift in expectations toward a Federal Reserve rate cut at its December meeting supported upside in equities last week. The S&P 500 Index finished the week +3.7%, the Dow Jones Industrials +3.2%, and the NASDAQ 4.9%. The Communication Services, Consumer Discretionary, and Technology sectors led the S&P 500 Index, while the Energy, …