Market Performance Summary There just isn’t any way to sugarcoat it, January was a rough month for investors in all asset classes. After a year of solid gains across most major equity indices in 2021, January was a decidedly “risk-off” month in which pretty much...
Quick Takes Major U.S. stock market indices had their best week of the year despite sharp losses on Thursday. For the week, the S&P 500 was +1.6% higher, the Nasdaq rose +2.4%, the Dow gained +1.1%, and the small cap Russell 2000 advanced +1.7%. Stocks had been...
Quick Takes Major U.S. stock market indices narrowly averted another negative week with a dramatic late afternoon surge on Friday. The S&P 500 gained +2.4% on Friday to end a three-week losing streak with a +0.8% weekly advance. It was a wild, roller-coaster ride...
Quick Takes The only good news for stocks over the past week was that the market was only open for four days. The S&P 500 fell about -1% or more every day of the week on its way to a weekly loss of -5.7%, its worst one-week performance since March 20, 2020. Tech...
Quick Takes Markets continued their shaky start to 2022 with a second straight week of losses, though the declines were much more moderate than the first week of trading in the new year. The S&P 500 and Nasdaq slipped -0.3%, while the small-cap Russell 2000 Index...
Quick Takes Surging yields rattled markets in the first week of trading in the new year. The S&P 500 dropped -1.9% despite hitting a record high on the first day of the year. The technology-heavy Nasdaq Composite was hit especially hard, falling -4.5% over the...