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...
Quick Takes Stocks declined sharply for the second straight week as the Omicron variant spread quickly around the world, and to a dozen U.S. states, and Fed Chair Jerome Powell hinted at accelerating its tapering of bond purchases. November’s employment report showed...
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...
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...
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...
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...
