The equity markets declined during the holiday shortened week. The steep decline came on Friday following concerns that travel restrictions from the latest COVID variant could negatively impact global growth. The S&P 500 Index finished the week -2.2%, the Dow was -2.0% and the NASDAQ was -3.3%. The U.S. 10-year Treasury bond yield decreased …
November 29, 2021
Over the River and Through the Woods
November 22, 2021
The equity markets provided mixed results last week with the NASDAQ 100 Index the leader at +2.3% and the S&P 500 Index +0.4%. Several other indices saw negative returns last week with the Dow Jones Industrial Average -1.3%, the Russell 2000 small cap -2.8%, and international markets –1.5%. The U.S. 10-year Treasury bond yield …
Checking Sentiment
November 15, 2021
Following a five-week rally, the S&P 500 Index took a pause last week. The S&P 500 finished the week -0.3%, the Dow was -0.6% and the NASDAQ was -1.0%. The U.S. 10-year Treasury bond yield increased to 1.570% at Friday’s close versus 1.455% the previous week. Current forecast for the S&P 500 Index is …