The enactment of tariffs on countries that have not yet reached a trade deal and a weaker employment report for July sent stocks lower. For the week, the S&P 500 Index was -2.3%, the Dow Jones Industrials -2.9%, and the NASDAQ -2.2%. The Utility, Communication Services, and Consumer Staples sectors led the S&P 500 …
Earnings Focus
Stocks remained near all-time highs during the first week of the quarterly earnings reporting period. For the week, the S&P 500 Index was +0.6%, the Dow Jones Industrials -0.1%, and the NASDAQ +1.3%. The Technology, Utility, and Industrial sectors led the S&P 500 Index for the week, while the Energy, Health Care, and Materials …
The Tariff is in the Mail
A resurgence of tariff announcements put a pause in the recent rally. For the week, the S&P 500 Index was -0.3%, the Dow Jones Industrials -1.0%, and the NASDAQ -0.4%. The Materials, Financials, and Technology sectors led the S&P 500 Index for the week, while the Communication Services, Utilities, and Consumer Discretionary sectors lagged. …
Positive Vibes
De-escalation in the Middle East and a return to new highs for equities has set a positive feeling as investors reach midyear. For the week, the S&P 500 Index was +3.5%, the Dow Jones Industrials +3.8%, and the NASDAQ +4.2%. The Communication Services, Technology, and Consumer Discretionary sectors led the S&P 500 Index for …
Wait and See
Markets closed flat following a week that included an update of economic projections from the Federal Reserve. For the week, the S&P 500 Index was -0.1%, the Dow Jones Industrials +0.1%, and the NASDAQ was flat. The Energy, Technology, and Financial sectors led the S&P 500 Index for the week, while the Health Care, …
Summer Solstice
Conflict in the Middle East put a pause in the market advance last week. For the week, the S&P 500 Index was -0.4%, the Dow Jones Industrials -1.3%, and the NASDAQ -0.6%. The Energy, Health Care, and Utilities sectors led the S&P 500 Index for the week, while the Financial, Industrial, and Consumer Staples …
Labor Market Calm
A healthy labor market report kept stocks in the green last week. For the week, the S&P 500 Index was +1.5%, the Dow Jones Industrials +1.2%, and the NASDAQ +2.0%. The Communication Services, Technology, and Energy sectors led the S&P 500 Index for the week, while the Consumer Staples, Utilities, and Consumer Discretionary sectors …
May Flowered
Equities posted a positive week, capping off a strong May recovery that pushed the major U.S. indices into positive territory for the year. For the week, the S&P 500 Index was +1.9%, the Dow Jones Industrials +1.7%, and the NASDAQ +2.0%. For the month, the S&P 500 Index was +6.3%, the Dow Jones Industrials …
Yield Sign
Rising bond yields put a halt to recent momentum in stocks last week. For the week, the S&P 500 Index was -2.6%, the Dow Jones Industrials -2.4%, and the NASDAQ -1.5%. All eleven S&P 500 sectors declined. The Consumer Staples, Communication Services, and Materials sectors declined the least and the Energy, Technology, and Real …
Trade Up
An initial trade deal with the United Kingdom and an uneventful Federal Reserve meeting held markets to a small decline last week after back to-back positive weeks. For the week, the S&P 500 Index was -0.4%, the Dow Jones Industrials -0.1%, and the NASDAQ -0.2%. The S&P 500 Index was led by the Industrial, …