Investors did not show stocks much love last week as the market retreated after a strong start to the year. The S&P 500 Index was -1.1%, the Dow was -0.1%, and the NASDAQ was -2.1%. The 10-year U.S. Treasury note yield increased to 3.743% at Friday’s close versus 3.532% the previous week. Last week …
The Federal Open Market Committee’s (FOMC) decision to slow the pace of rate increases to 0.25% increments gave markets an optimistic boost mid-week, but the gains were tempered on Friday when the January employment report showed a still hot job market. For the week, the S&P 500 Index was +1.6%, the Dow was -0.2%, …
After a dismal 2022, stocks have staged a comeback so far in early 2023. This past week, the S&P 500 Index was +2.5%, the Dow was +1.8%, and the NASDAQ was +4.7%. The 10-year U.S. Treasury note yield increased to 3.518% at Friday’s close versus 3.484% the previous week. The significant event for the …
Equity markets were mixed last week. The S&P 500 was -0.6%, the Dow was -2.7%, and the NASDAQ was +0.7%. The 10-year U.S. Treasury note yield decreased to 3.484% at Friday’s close versus 3.511% the previous week. The December Producer Price Index (PPI) was -0.5% month-to-month and core PPI (which excludes food, energy, and …
Equity markets continued their advance last week. The S&P 500 was +2.7%, the Dow was +2.0%, and the NASDAQ was +4.5%. The 10-year U.S. Treasury note yield decreased to 3.551% at Friday’s close versus 3.571% the previous week. The December Consumer Price Index (CPI) declined 0.1% month-to-month and core CPI, which excludes the Food …
Equity markets kicked off the new year with an advance. The S&P 500 was +1.5%, the Dow was +1.5%, and the NASDAQ was +0.9% as Friday’s release of the December employment report sparked a strong rally to end the week. The 10-year U.S. Treasury note yield decreased to 3.571% at Friday’s close versus 3.831% …
Equity markets were mixed last week. The S&P 500 was -0.2% for the week, the Dow was +0.9%, and the NASDAQ was -2.3%. The 10-year U.S. Treasury note yield increased to 3.747% at Friday’s close versus 3.482% the previous week. Small but steady improvement continues on the inflation front. The November Personal Consumption Expenditures …
Equity markets took another ride last week. Optimism was high early in the week following a Consumer Price Index (CPI) report that showed slowing inflation, but pessimism returned following the Federal Open Market Committee (FOMC) meeting which indicated the final level on short-term interest rates is projected to be higher than previously expected. The …
Equity markets retrenched last week after the November Producer Price Index (PPI) showed inflation to be stickier than anticipated. The S&P 500 was -3.3% for the week, the Dow was -2.7%, and the NASDAQ was -3.6%. The 10-year U.S. Treasury note yield increased to 3.567% at Friday’s close versus 3.503% the previous week. The …
Equity markets gained last week after supportive comments from Federal Reserve Chairman Jerome Powell that the Fed could start slowing the pace of interest rate increases. The S&P 500 was +1.2% for the week, the Dow was +0.4%, and the NASDAQ was +2.1%. The 10-year U.S. Treasury note yield decreased to 3.503% at Friday’s …
With 24 stock market trading days left for the year, we are in the homestretch for what has been a dismal 2022. This past week, equity markets gained during the Thanksgiving holiday shortened week. The S&P 500 was +1.6%, the Dow was +1.8%, and the NASDAQ was +0.7%. The 10-year U.S. Treasury note yield …
Equity markets consolidated last week after a large advance the week prior. The S&P 500 was -0.6%, the Dow was +0.1%, and the NASDAQ was -1.1%. The 10-year U.S. Treasury note yield decreased to 3.818% at Friday’s close versus 3.893% the previous week. Following on the heels of the October Consumer Price Index (CPI) …
Better than expected Consumer Price Index data let pent up animal spirits run wild last Thursday and Friday. Stocks advanced sharply for the week with the S&P 500 +5.9%, the Dow was +4.2%, and the NASDAQ was +8.9%. The 10-year U.S. Treasury note yield decreased to 3.893% at Thursday’s close versus 4.158% the previous …
Stocks declined last week as the Federal Reserve did not indicate it was ready to cease its interest rate increase cycle. For the week, the S&P 500 was -3.3%, the Dow was -1.4%, and the NASDAQ was -5.9%. The 10-year U.S. Treasury note yield increased to 4.158% at Friday’s close versus 4.010% the previous …
Stocks have tried to come back from the dead, rallying for a second consecutive week and are on track to turn in a strong month for October. For the week, the S&P 500 was +4.0%, the Dow was +5.7%, and the NASDAQ was +2.1%. The 10-year U.S. Treasury note yield decreased to 4.010% at …
Stocks rallied on a combination of good earnings results and hope that the Fed would soon slow the pace of interest rate increases. The S&P 500 was +4.8%, the Dow was +4.9%, and the NASDAQ was +5.8%. The 10-year U.S. Treasury note yield increased to 4.212% at Friday’s close versus 4.006% the previous week. …
Stocks rallied on Thursday despite higher-than-expected Consumer Price Index (CPI) data, then fell back on Friday for a mixed finish to the week. The S&P 500 was -1.5%, the Dow was +1.2%, and the NASDAQ was -3.1%. The 10-year U.S. Treasury note yield increased to 4.006% at Friday’s close versus 3.885% the previous week. …
The equity market rebounded strongly at the start of last week but declined sharply on Friday following a stronger employment report. Despite Friday’s decline, the major markets held on to gains for the week. The S&P 500 was +1.6%, the Dow was +2.0%, and the NASDAQ was +0.7%. The 10-year U.S. Treasury note yield …
The equity markets closed out their third consecutive down quarter last week. For the week, the S&P 500 was -2.9%, the Dow was -2.9%, and the NASDAQ was -3.0%. The 10-year U.S. Treasury note yield increased to 3.804% at Friday’s close versus 3.697% the previous week. For the third quarter, the S&P 500 Index …
A determined Federal Reserve marching along with another 0.75% increase in short-term interest rates gave investors pause again last week. The S&P 500 was -4.6% for the week, the Dow was -4.0%, and the NASDAQ was -4.6%. The 10-year U.S. Treasury note yield increased to 3.697% at Friday’s close versus 3.447% the previous week. …
Inflationary concerns in the August Consumer Price Index (CPI) report, released last week, sent stocks lower as there is not yet sufficient data to deter the Federal Reserve from its path of increasing interest rates. The S&P 500 Index was -4.7% for the week, the Dow was -4.1%, and the NASDAQ was -5.8%. The …
Despite comments from the Federal Reserve that it would keep raising rates until the job is done on inflation, equities rallied during the short four-day trading week. The S&P 500 was +3.7% for the week, the Dow was +2.7%, and the NASDAQ was +4.1%. The 10-year U.S. Treasury note yield increased to 3.321% at …
Equities fell on Friday following comments from Federal Reserve Chairman Jerome Powell that the Federal Reserve plans to keep raising interest rates to bring down inflation. The S&P 500 was -4.0% for the week, the Dow was -4.2%, and the NASDAQ was -4.8%. The 10-year U.S. Treasury note yield increased to 3.087% at Friday’s …
After a strong, four-week run, the market retreated last week. Weakness in housing market data, a mixed set of earnings from retailers, and commentary in the Federal Open Market Committee (FOMC) meeting minutes from July may have given some investors pause on where the economy goes from here. The S&P 500 was -1.2% for …
Markets rose last week as investors viewed the July Consumer Price Index (CPI) and Producer Price Index (PPI) reports as a sign the pace of inflation has peaked. The S&P 500 was +3.3% for the week, the Dow was +3.0%, and the NASDAQ was +2.7%. The 10-year U.S. Treasury note yield increased to 2.849% …
The S&P 500 Index had a third consecutive weekly increase, though more muted than the previous two weeks. The S&P 500 was 0.4% for the week, the Dow was -0.1%, and the NASDAQ was +2.0%. The 10-year U.S. Treasury note yield increased to 2.840% at Friday’s close versus 2.642% the previous week. Continued strength …
The S&P 500 Index had its first back-to-back weekly gain since the end of March. The S&P 500 Index was +4.3% for the week, the Dow was +3.0%, and the NASDAQ was +4.5%. The 10-year U.S. Treasury note yield decreased to 2.642% at Friday’s close versus 2.781% the previous week. The market shrugged off …
A refocus on corporate earnings across a broad set of industries boosted equity markets last week. The S&P 500 Index was +2.6% for the week, the Dow was +2.0%, and the NASDAQ was +3.4%. The 10-year U.S. Treasury note yield decreased to 2.781% at Friday’s close versus 2.930% the previous week. The next Federal …
The equity markets appeared to be headed for a dismal week following back-to-back inflationary Consumer Price Index (CPI) and Producer Price Index (PPI) reports. Friday’s rally reduced most of the week’s decline. The S&P 500 Index was -0.9% for the week, the Dow was -0.2%, and the NASDAQ was -1.2%. The 10-year U.S. Treasury …
The equity markets started the new quarter with a weekly increase. The S&P 500 Index was +2.0% for the week, the Dow was +0.8%, and the NASDAQ was +4.7%. The 10-year U.S. Treasury note yield increased to 3.101% at Friday’s close versus 2.904% the previous week. The labor market has been resilient. The June …
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