Quick Takes Stocks and bonds continued to decline for a third straight week, as inflationary economic data, concerns over tensions in the Middle East, and poor earnings from chipmaker stocks weighed on investor sentiment. The S&P 500 fell -3.1%, the Nasdaq dropped...
Quick Takes Stocks and bonds struggled for a second straight week, which can be chalked up to accelerating inflation data, rising geopolitical conflicts, and concerns that the just-beginning first-quarter earnings season will fail to impress. The S&P 500 fell...
Key Points MORE THAN JUST THE MAGNIFICENT 7 March witnessed a welcome broadening of returns and earnings. 2023 market leadership was totally dominated by a narrow group of mega cap technology stocks, the so-called Magnificent 7. Fortunately, both returns and earnings...
Quick Takes U.S. stocks and bonds struggled as signs of stronger manufacturing and a robust jobs market have investors concerned that the Fed may not deliver the three rate cuts the Fed forecasts indicate. The S&P 500 fell -0.95%, the Nasdaq was down -0.8%, and...
Quick Takes U.S. stocks and bonds were modestly higher for the holiday-shortened week. The S&P 500 Index was up +0.4% to close at a new all-time high, while the Bloomberg U.S. Aggregate Bond Index was up +0.2%. Even in light of markets being closed for the Good...
Quick Takes U.S. stocks and bond investors were encouraged by a dovish Federal Reserve and improving economic data. After surging the prior week, Treasury yields backed off somewhat after the Federal Reserve reiterated three rate cuts and Fed Chair Powell made dovish...
