Quick Takes Major U.S. stock market indices had their best week of the year despite sharp losses on Thursday. For the week, the S&P 500 was +1.6% higher, the Nasdaq rose +2.4%, the Dow gained +1.1%, and the small cap Russell 2000 advanced +1.7%. Stocks had been...
Quick Takes Major U.S. stock market indices narrowly averted another negative week with a dramatic late afternoon surge on Friday. The S&P 500 gained +2.4% on Friday to end a three-week losing streak with a +0.8% weekly advance. It was a wild, roller-coaster ride...
Quick Takes The only good news for stocks over the past week was that the market was only open for four days. The S&P 500 fell about -1% or more every day of the week on its way to a weekly loss of -5.7%, its worst one-week performance since March 20, 2020. Tech...
Quick Takes Markets continued their shaky start to 2022 with a second straight week of losses, though the declines were much more moderate than the first week of trading in the new year. The S&P 500 and Nasdaq slipped -0.3%, while the small-cap Russell 2000 Index...
Quick Takes Surging yields rattled markets in the first week of trading in the new year. The S&P 500 dropped -1.9% despite hitting a record high on the first day of the year. The technology-heavy Nasdaq Composite was hit especially hard, falling -4.5% over the...
Market Performance Summary Stocks and Real Estate finished the year strongly with solid December gains. Low interest rates, plenty of liquidity, an expanding economy, and strong earnings continued to fuel the rise for equities. The S&P 500 closed the year just shy...
Quick Takes In light holiday trading, stocks were mostly up. The exception was the Nasdaq Composite which was barely down with a -0.1% loss. The S&P 500 index finished the last week of the year with a +0.9% gain, giving the index a +26.9% return for 2021. Although...
Quick Takes Stocks began the week with sharp losses on Monday, but then rallied the final three days of the holiday-shortened week. The S&P 500 gained +2.3% for the week, closing at a new all-time high – the 68th all-time high in 2021. US Home prices are at a...
Quick Takes Choppy trading continued as Omicron and Fed monetary policy stirred markets. Stocks gave up some of last week’s gains as investors weighed the impact of the Omicron variant on the economy and supply chains while processing the Fed’s new stance on...
Quick Takes Investors shrugged off the spread of Omicron and surging inflation to send the S&P 500 to a new record high, as it, and the Nasdaq, had their best week since February. Even small caps, laggards of late, had healthy gains with the Russell 2000 breaking...