Quick Takes Friday’s employment report for September showed 336,000 Non-Farm Payrolls (NFP) were added in the month, nearly twice what Wall Street was expecting. However, wage growth was up only modestly, and labor participation was steady. The S&P 500 broke a...
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...