Key Points Yields Rise Sharply The big story for capital markets in September was the steady march higher in government bond yields, particularly those at the long end of the curve. The benchmark 10-year U.S. Treasury yield saw the sharpest monthly rise since...
Quick Takes The S&P 500 slipped -0.7% for the week, its fourth straight weekly decline. The tech-heavy Nasdaq Composite and small cap Russell 2000 had slight gains for the week, up +0.1% and +0.5%, respectively. The MSCI EAFE sank -1.6% and the MSCI Emerging...
Quick Takes U.S. stocks and bonds fell for a third straight week. The S&P 500 Index, Nasdaq Composite Index, and Russell 2000 Index all ended the week with losses of about -3% to -4%. Non-U.S. stocks fell about -2.1%. Meanwhile, U.S. and non-U.S. bonds were down...
Quick Takes U.S. stocks and bonds dipped lower again as oil prices, Treasury yields, and the U.S. Dollar continue to climb higher. The S&P 500 Index, Nasdaq Composite Index, and Russell 2000 Index all ended the week with slim declines of -0.2 to -0.4%. The U.S....
Quick Takes Global stocks and bonds closed lower over the holiday-shortened week amid concerns about additional interest rate hikes from the Federal Reserve, rising oil prices, a slowdown in China’s economy, and that China may be targeting U.S. technology...
Key Points Stocks Take a Breather August lived up to its reputation as a difficult month, with most major indices posting monthly declines. But although August’s declines were broad-based, they were relatively shallow. The S&P 500 Index fell -1.6% in August (total...
Quick Takes A run of soft economic and inflation reports, including weaker-than-expected job openings and consumer confidence earlier last week, plus slowing new nonfarm payrolls late in the week, suggests the job market is cooling and eases the pressure on the Fed to...
Quick Takes The S&P 500 and Nasdaq Composite enjoyed their first weekly gains in August, rising +0.8% and +2.3%, respectively, but the small cap Russell 2000 suffered its fourth straight weekly decline, slipping -0.3%. The 2-year U.S. Treasury yield was up +14...
Quick Takes In the U.S., all three major indexes finished the week down more than -2%. The S&P 500 Index fell -2.1%, the tech-heavy Nasdaq Composite Index declined -2.6%, and small cap Russell 2000 Index suffered the largest losses of the week with a -3.4% drop. ...
Quick Takes Inflation data sent mixed signals, with the Consumer Prices Index (CPI) showing tepid consumer inflation, while the Producer Price Index (PPI) came in higher than economists forecasted, and finally, data from the University of Michigan showed that consumer...
