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, …
Well Fed
Equity markets rallied Friday on December rate cut optimism but closed lower for the week. The S&P 500 Index finished the week -1.9%, the Dow Jones Industrials -1.8%, and the NASDAQ -3.0%. The Communication Services, Health Care, and Consumer Staples sectors led the S&P 500 Index, while the Technology, Consumer Discretionary, and Energy sectors …
No Cents
Equity markets were mixed last week with value-focused stocks outperforming growth-focused stocks. For the week, the S&P 500 Index was +0.1%, the Dow Jones Industrials +0.4%, and the NASDAQ -0.2%. The Health Care, Energy, and Materials sectors led the S&P 500 Index, while the Consumer Discretionary, Utilities, and Industrial sectors lagged. The 10-year U.S. …
Time to Reopen
Uncertainty about the economy due to the government shutdown and profit taking in the technology sector caused a decline in stocks last week. For the week, the S&P 500 Index was -1.6%, the Dow Jones Industrials -1.2%, and the NASDAQ -3.1%. The Energy, Health Care, and Real Estate sectors led the S&P 500 Index, …
Still Reserved
The Federal Reserve lowered interest rates, the U.S. and China made progress on trade and tariffs, and earnings were generally upbeat from several technology companies. This all led to higher equity markets. For the week, the S&P 500 Index was +0.7%, the Dow Jones Industrials +0.8, and the NASDAQ +2.0%. The Technology, Consumer Discretionary, …
Less Scary
The September Consumer Price Index (CPI) report provided a calmer outlook on inflation and gave investors confidence the Federal Reserve can lower interest rates at this week’s Federal Open Market Committee (FOMC) meeting. For the week, the S&P 500 Index was +1.9%, the Dow Jones Industrials +2.2%, and the NASDAQ +2.2%. The Technology, Energy, …
Restless Calm
A continued U.S. government shutdown kept investors in the dark on economic data last week and potential weakness in some areas of the credit market raised the concern over potential contagion. Still, for the week, the S&P 500 Index was +1.7%, the Dow Jones Industrials +1.6%, and the NASDAQ +2.5%. The Communication Services, Real …
Flare Up
A flare up in U.S. – China trade led to a sharp decline into Friday’s close. For the week, the S&P 500 Index was -2.4%, the Dow Jones Industrials -2.7%, and the NASDAQ -2.3%. The Utility, Consumer Staples, and Health Care sectors led the S&P 500 Index for the week, while the Energy, Consumer …
Closed
A government shutdown did not prevent equity markets from registering gains. For the week, the S&P 500 Index was +1.1%, the Dow Jones Industrials +1.1%, and the NASDAQ +1.2%. The Health Care, Utility, and Technology sectors led the S&P 500 Index for the week, while the Energy, Communication Services, and Consumer Discretionary sectors lagged. …
Shutdown Drama
Stocks took a break from the recent rally. For the week, the S&P 500 Index was -0.3%, the Dow Jones Industrials -0.1%, and the NASDAQ -0.5%. The Energy, Utility, and Real Estate sectors led the S&P 500 Index for the week, while the Communication Services, Materials, and Consumer Discretionary sectors lagged. The 10-year U.S. …