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 …
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 …
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. …
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. …
The Federal Reserved lowered short-term interest rates by 0.25% and equity markets responded with gains. For the week, the S&P 500 Index was +1.2%, the Dow Jones Industrials +1.1%, and the NASDAQ +2.2%. The Communication Services, Technology, and Consumer Discretionary sectors led the S&P 500 Index for the week, while the Consumer Staples, Real …
Markets were buoyed last week by economic data that could favor a reduction in interest rates at the upcoming Federal Reserve meeting. For the week, the S&P 500 Index was +1.6%, the Dow Jones Industrials +1.0%, and the NASDAQ +1.9%. The Technology, Utility, and Energy sectors led the S&P 500 Index for the week, …
For last week, the S&P 500 Index was +0.4%, the Dow Jones Industrials -0.3%, and the NASDAQ +1.0%. The Communication Services, Consumer Discretionary, and Consumer Staples sectors led the S&P 500 Index for the week, while the Energy, Financials, and Utility sectors lagged. The 10-year U.S. Treasury note yield decreased to 4.089% at Friday’s …
The equity markets posted a gain for August. It was the fourth straight monthly gain for the S&P 500 Index and the fifth straight for the NASDAQ. For last week, the S&P 500 Index was -0.1%, the Dow Jones Industrials -0.1%, and the NASDAQ +0.9%. The Energy, Financials, and Communication Services sectors led the …
Friday’s speech from Fed Chair Jerome Powell rallied the S&P 500 Index to a gain for the week as expectation for a September interest rate cut rose. For the week, the S&P 500 Index was +0.3%, the Dow Jones Industrials +1.6%, and the NASDAQ -0.9%. The Energy, Real Estate, and Financial sectors led the …
The market bounced back last week on generally upbeat earnings reports across several sectors. For the week, the S&P 500 Index was +2.4%, the Dow Jones Industrials +1.4%, and the NASDAQ +3.7%. The Technology, Consumer Discretionary, and Communication Services sectors led the S&P 500 Index for the week, while the Energy, Health Care, and …
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