Rejected

Rejected

OVERVIEW   The U.S. stock market stumbled last week as volatility came rushing back to Wall Street. The S&P 500 Index slipped 3.4%, the Dow Jones Industrial Average fell 2.8%, and the Nasdaq Composite dropped 4%. Foreign stocks, however, were mixed. The MSCI...
Meeting the Trendline

Meeting the Trendline

OVERVIEW   The U.S. stock market continued to rally last week, with the S&P 500 Index gaining 1.13%, the Dow Jones Industrial Average climbing 0.24%, and the Nasdaq Composite rising 2.09%. Foreign stocks were also up on the week, with the MSCI EAFE Index of...
Breadth & Seasonality

Breadth & Seasonality

OVERVIEW   The U.S. stock market bounced back last week as expected volatility, measured by the VIX Index, fell about 11% to 20.42. The S&P 500 rose 1.5%, the Dow gained 1.8%, and the Nasdaq increased 0.7%. Foreign stocks, however, were mixed for the week....
Mixed Sentiment

Mixed Sentiment

OVERVIEW   The U.S. stock market had a down week, with the S&P 500 Index falling 0.69%, the Nasdaq Composite dropping 1.57%, and the Dow Jones Industrial Average down just 0.01%. Foreign stocks, on the other hand, were up for the week. The MSCI EAFE Index of...
Confirmation

Confirmation

OVERVIEW   The best week since June. That’s what the U.S. stock market delivered last week, as investors embraced the prospect of falling inflation and a potential deceleration in the Fed’s rate hike cycle. The S&P 500 Index of large-cap U.S. stocks surged...