The S&P 500 Index limped into the end of the quarter on Thursday, then staged a small, late-day rally on the first day of the new quarter ahead of the holiday weekend. The S&P 500 ended the week -2.2%, the Dow was -1.3%, and the NASDAQ was -4.3%. For the half-year ending June 30th, …
The S&P 500 Index rallied last week as investors became more comfortable with the Fed’s plan to stem the pace of inflation. The S&P 500 ended the week +6.5%, the Dow was +5.4%, and the NASDAQ was +7.5%. The 10-year U.S. Treasury note yield decreased to 3.138% at Friday’s close versus 3.231% the previous …
The S&P 500 Index fell again last week as the Federal Reserve continued to tighten monetary policy. The S&P 500 ended the week -5.7%, the Dow was -4.7%, and the NASDAQ was -4.8%. The 10-year U.S. Treasury note yield increased to 3.231% at Friday’s close versus 3.165% the previous week. The Federal Open Market …
The S&P 500 Index fell sharply to end the week. Investors went on the defensive after the May Consumer Price Index (CPI) reading indicated that most major categories of inflation have not slowed their ascent. The S&P 500 ended the week -5.0%, the Dow was -4.6%, and the NASDAQ was -5.7%. The 10-year U.S. …
The S&P 500 Index had a small relapse last week after its big advance the week prior. The S&P 500 ended the week -1.2%, the Dow was -0.8%, and the NASDAQ was -1.0%. The 10-year U.S. Treasury note yield increased to 2.941% at Friday’s close versus 2.743% the previous week. As reflected in the …
The S&P 500 Index rallied back from an intra-day decline on Friday that had the Index temporarily down 20% from its peak. The S&P 500 ended the week -3.0%, the Dow was -2.8%, and the NASDAQ was -4.4%. The equity markets have declined for seven consecutive weeks amid concerns over the impact of rising …
Despite Friday’s strong relief rally, stocks still ended last week lower. The S&P 500 ended the week -2.4%, the Dow was -2.1%, and the NASDAQ was -2.4%. The 10-year U.S. Treasury note yield decreased to 2.928% at Friday’s close versus 3.142% the previous week. Both the Consumer Price Index (CPI) and Producer Price Index …
The equity market rally following the Federal Reserve’s monetary policy decision looked to be a false start after the market gave up the gain the following day and stocks closed lower for the week. The S&P 500 ended the week -0.2%, the Dow was -0.2%, and the NASDAQ was -1.2%. The 10-year U.S. Treasury …
Mixed earnings and anticipation of tighter monetary policy leading up to this week’s Federal Reserve meeting sent stocks down last week. The S&P 500 ended the week -3.3%, the Dow was -2.5%, and the NASDAQ was -3.8%. The 10-year U.S. Treasury note yield increased to 2.938% at Friday’s close versus 2.905% the previous week. …
A relatively good week for corporate earnings was overshadowed by Federal Reserve jawboning pointing to an almost certain 0.50% rate increase at the May Federal Open Market Committee (FOMC) meeting. The S&P 500 ended the week -2.7%, the Dow was -1.8%, and the NASDAQ was -3.9%. The 10-year U.S. Treasury note yield increased to …
A mixed start to first quarter earnings reporting and two key inflation reports sent equity markets lower last week. The S&P 500 Index ended the week -2.1%, the Dow was -0.8%, and the NASDAQ was -3.0%. The 10-year U.S. Treasury note yield increased to 2.828% at Thursday’s close versus 2.704% the previous week. The …
The Federal Reserve’s plan to aggressively stem inflation pressured equity markets last week. The S&P 500 ended the week -1.2%, the Dow was -0.2%, and the NASDAQ was -3.6%. The 10-year U.S. Treasury note yield increased to 2.704% at Friday’s close versus 2.390% the previous week. The rise in the 10-year Treasury yield returned …
This week ended the first negative quarter for the equity markets since the onset of COVID which caused a decline in the first quarter of 2020. The S&P 500 Index has produced three consecutive positive weekly returns since the quarter lows in early March. The S&P 500 ended the week +0.1%, the Dow was …
Equity market investors appear to be learning how to live with higher interest rates and prospects for a drawn-out engagement between Russia and Ukraine. The S&P 500 Index ended the week +1.8%, the Dow was +0.3%, and the NASDAQ was +2.3%. The 10-year U.S. Treasury bond yield increased to 2.488% at Friday’s close versus …
Fear may have peaked last week, and investor risk appetite may have been reinvigorated, as the Federal Reserve laid out a clear tightening plan tied to combating high inflation and optimism about the economy. The S&P 500 Index ended the week +6.2%, the Dow was +5.5%, and the NASDAQ was +8.4%. It was the …
Geopolitical events continued to dominate headlines last week along with the economic realities of gasoline averaging over $4.00/gallon nationwide for the first time in history. The S&P 500 Index ended the week -2.8%, the Dow was -1.9%, and the NASDAQ was -3.9%. The 10-year U.S. Treasury bond yield increased to 1.997% at Friday’s close …
Russia’s continued advance into Ukraine caused a market decline for the week, despite a strong employment report for February and comments from Fed Chair Jerome Powell that he supports a 0.25% increase in the Fed funds rate this month rather than 0.50%. The S&P 500 Index ended the week -1.2%, the Dow was -1.2%, …
Despite concerns over impact of the coronavirus, the equity markets staged a recovery back toward record levels last week. We believe the significant story here is corporate earnings. With 387 companies in the S&P 500 Index having reported fourth quarter 2019 earnings, 72% have exceeded expectations, 10% have been in-line and 19% have been …
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