Monthly Market Update — November 2021
November Performance Summary Well, November didn’t quite live up to its reputation. Historically, November has been the second-best month of the year for stocks, but not this November in which the S&P 500 Index actually declined a bit, dropping -.07% on a total...
Weekly Market Update – November 26, 2021
Quick Takes Global stocks declined sharply over the week, but most remain within a few percentage points from their all-time highs. Positive economic data before Thanksgiving Day couldn’t overcome a significant decline on Friday as stocks, commodities, and bond yields...
Weekly Market Update – November 19, 2021
Quick Takes Global stocks advanced over the week but closed slightly below their all-time highs. Positive earnings momentum continued to bolster stocks as well as a strong October retail sales report. The strength was primarily in large-cap growth stocks while...
Weekly Market Update – November 12, 2021
Quick Takes Several win streaks for stocks came to an end in the week ending November 12. The S&P 500 had a five-week win streak that snapped after slipping -0.3%. The S&P 500’s eight-session winning streak and the Nasdaq Composite’s 11-session...
Weekly Market Update – November 5, 2021
Quick Takes November started where October ended, with strong stock returns and new record highs. Since June, it was the best week for the S&P 500 Index, and all major U.S. equity indices closed the week at all-time highs. Small-cap stocks led the way with a +6.1%...
Monthly Market Update — October 2021
October Performance Summary After wobbling a bit to start the month, October lived up to its reputation for strength. The S&P 500 Index began with four down days out of the first eight but was positive for all but two of the remaining days in October. The index...
Weekly Market Update – October 29, 2021
Quick Takes The October rebound never relented, with the S&P 500 ending with four consecutive weeks of gains and closing the month at another record high. It was the best month for the index since November 2020. The Nasdaq Composite and Dow Jones Industrial...
Weekly Market Update – October 22, 2021
Quick Takes The October rebound continues and following seven straight days of gains, the S&P 500 hit its 55th record close of 2021 on Thursday. Although the index slid back a bit on Friday, it still advanced for the third consecutive week. The Nasdaq Composite...