Weekly Market Update – June 03, 2022
Quick Takes Markets couldn’t follow up the prior week’s big gains despite a big rally on Thursday and decent economic data. The S&P 500, the Nasdaq, and the Russell 2000 all finished negative on the holiday-shortened week. Over the past week, yields have broken...
Weekly Market Update – May 27, 2022
Quick Takes What a difference a week makes. After the first seven week losing streak since 2001, the S&P 500 was flirting with bear-market levels last Friday. The S&P gained +2.5% on Friday alone, putting it up +6.6% for the week, its best since November 2020....
Weekly Market Update – May 20, 2022
Quick Takes Stocks couldn’t avoid another week of loses, but the S&P 500 was able to avoid bear market territory. At points in Friday’s trading session the U.S. index was off -20% or worse from its January 4th all-time high, but a furious rally in the last hour...
Weekly Market Update – May 6, 2022
Quick Takes Jittery markets, rising rates, and increased economic uncertainty persists as primary concerns for investors. A relatively mild -0.2% weekly decline masked yet more wild daily swings for stocks. It was the fifth consecutive weekly decline for the S&P...