Market Commentaries
More Work to Be Done
OVERVIEW The major U.S. stock market indices ended the week down over 4% after Fed Chair Jerome Powell delivered a hawkish speech at the Jackson Hole event on Friday. The S&P 500 Index fell 4.04%, the Dow Jones Industrial Average dropped 4.22%, and the...
A Mixed Bag
OVERVIEW The U.S. stock market slipped last week and ended in negative territory, resulting in the S&P 500 snapping its four-week winning streak. The Dow Jones Industrial Average decreased 0.16%, the Nasdaq Composite declined 2.62%, and the S&P 500...
Sometimes It Rhymes
OVERVIEW The U.S. stock market registered its fourth weekly gain last week. The S&P 500—an index of the 500 largest stocks in the United States—rose 3.26%. The Dow Jones Industrial Average gained 2.92%, and the Nasdaq Composite increased 3.08%. The biggest...
Congestion
OVERVIEW The major U.S. stock indices put in mixed performances last week. While the S&P 500 Index gained a moderate 0.36% and the Nasdaq Composite surged 2.15%, the Dow Jones Industrial Average lost 0.13%. The gains came mostly from growth stocks, with the...
Signs of Life, But Market Must Prove Itself
OVERVIEW The U.S. stock market finished a strong month of July, with the S&P 500 soaring 4.26% for the week. The Dow Jones Industrial Average posted a gain of 2.97%, and the Nasdaq Composite rose 4.7%. Foreign stocks did well, too. Developed country stocks...
Finding the Right Gear
OVERVIEW The U.S. stock market had another down week last week. After a 0.93% drop, the S&P 500 has now fallen in 12 of the last 15 weeks. The Dow edged lower 0.16%, and the Nasdaq dropped 1.57%. Growth stocks pulled the market lower, with the Russell 3000...
Slowing Growth, Stubborn Inflation, and Unfriendly Central Banks
OVERVIEW The U.S. stock market notched a week of strong gains, giving investors a reprieve after a prolonged bout of volatility. The S&P 500 rose 1.94%, while the Dow Jones Industrial Average added 0.77%. The tech-heavy Nasdaq Composite surged 4.56%,...
Souring Outlook
OVERVIEW The U.S stock market deteriorated last week as all three major stock indices posted declines. The S&P 500 index fell 2.21%, the Dow Jones Industrial Average declined 1.28%, and the Nasdaq Composite plummeted 4.13%. Growth stocks led the decline,...
A Low?
OVERVIEW The U.S. stock market bounced last week after three straight weeks of declines. The S&P rose 6.45%, the Dow gained 5.39%, and the Nasdaq surged 7.49%. As for foreign markets, developed country stocks rose 2.8%, and emerging markets gained 0.65%....
Misery Loves Company
OVERVIEW The U.S. stock market got crushed again last week as investors continued to digest higher-than-expected inflation data. The Dow Jones Industrial Average fell 4.79%, the S&P 500 slipped 5.79%, and the Nasdaq Composite dropped 4.78%. Volatility...
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