Quick Takes In a bit of a reversal from the prior week, stocks rallied nicely for the week but gave back some of their gains on Friday. Despite Friday’s pullback, the S&P 500 up +2.6% for the week, while the Nasdaq Composite gained +3.3%, and the small cap Russell...
Quick Takes Despite a solid and broad-based rally on Friday stocks ended the week lower. The S&P 500 was up +1.9% Friday, ending a five-day losing streak, which limited the week’s loss to -0.9%. Small caps and growth saw slightly larger losses for the week with...
Quick Takes Stocks advanced for the second week in the last three, but inflation and recession concerns remain top concerns. The S&P 500 was up +1.9% for the week, advancing for four of the five days, and the tech-heavy Nasdaq was up five straight days for a +4.6%...
Market Performance Summary June capped another difficult month, and quarter, for virtually all asset classes. As shown in the table below, all major asset classes declined in the month, and the quarter ended in June. And following the first quarter of 2022, which was...
Quick Takes Stocks fell for the fourth week in the last five as inflation and growth concerns continue to wear on investors. The S&P 500 and Russell 2000 fell -2.2%, while the Nasdaq finished lower by -4.1%. Growth stocks, the prior week’s leaders, were the...
Quick Takes Stocks rebounded sharply last week as the S&P 500’s +6.5% gain erased the prior week’s -5.8% drop, thanks to a big +3.01% rally on Friday, the strongest daily gain since May 18, 2020. As a result, the S&P 500 exited bear market territory, and all...