Quick Takes U.S. stock broke a two-week rally, with the S&P 500 having its worst week since September. The tech-heavy Nasdaq Composite fell -4.0%, its worst week since early November. Losses were broad based with all 11 S&P 500 sectors down for the week. U.S....
Market Performance Summary After posting solid returns in October, stocks maintained their momentum in November on weaker-than-expected inflation, lower Treasury yields, and a declining U.S. dollar. That recipe also served bonds nicely with both U.S. and international...
Quick Takes The main U.S. indexes ended the holiday-shortened week higher as signs that the Fed may slow the pace of future rate hikes gave stocks a boost. The S&P 500 rose +1.5%, the tech-heavy Nasdaq Composite was up +0.7%, and the small cap Russell 2000 added...
Quick Takes The main U.S. indexes ended the week with losses as doubts rose about the recent rally being sustained, despite signs of easing inflation. The S&P 500 fell -0.7%, the tech-heavy Nasdaq Composite slid -1.6%, and the small cap Russell 2000 dropped -1.8%....
Quick Takes U.S. stocks posted their biggest daily gain since March 2020 following tepid inflation data from October’s Consumer Price Index (CPI), with the S&P 500 Index up +5.9% for the week. The Nasdaq Composite Index recorded its best week since March, with a...
Quick Takes The Federal Open Market Committee (FOMC) reiterated that future rate increases will be appropriate, and Fed Chair Powell said that the ultimate level of rates will be higher than initially thought and that the notion of a pause any time soon was very...
