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...
Quick Takes The S&P 500 dropped -5.8% for the week, its worst week since 2020, and is now down for ten of the past eleven weeks, which has only happened once before in 1970. Meanwhile, in fixed income, Treasury bonds fell, and yields moved higher with the 10-year...
Quick Takes The S&P 500 and Nasdaq Composite lost 5.1% and 5.6%, respectively, for their ninth losing week in 10 and the worst week since January, following a deep and broad-based selloff on Friday as investors reacted to the highest inflation in four decades and...
