Weekly Market Update – December 10, 2021
Quick Takes Investors shrugged off the spread of Omicron and surging inflation to send the S&P 500 to a new record high, as it, and the Nasdaq, had their best week since February. Even small caps, laggards of late, had healthy gains with the Russell 2000 breaking...
Weekly Market Update – December 3, 2021
Quick Takes Stocks declined sharply for the second straight week as the Omicron variant spread quickly around the world, and to a dozen U.S. states, and Fed Chair Jerome Powell hinted at accelerating its tapering of bond purchases. November’s employment report showed...
Monthly Market Update — November 2021
November Performance Summary Well, November didn’t quite live up to its reputation. Historically, November has been the second-best month of the year for stocks, but not this November in which the S&P 500 Index actually declined a bit, dropping -.07% on a total...
Weekly Market Update – November 26, 2021
Quick Takes Global stocks declined sharply over the week, but most remain within a few percentage points from their all-time highs. Positive economic data before Thanksgiving Day couldn’t overcome a significant decline on Friday as stocks, commodities, and bond yields...
Weekly Market Update – November 19, 2021
Quick Takes Global stocks advanced over the week but closed slightly below their all-time highs. Positive earnings momentum continued to bolster stocks as well as a strong October retail sales report. The strength was primarily in large-cap growth stocks while...
Weekly Market Update – November 12, 2021
Quick Takes Several win streaks for stocks came to an end in the week ending November 12. The S&P 500 had a five-week win streak that snapped after slipping -0.3%. The S&P 500’s eight-session winning streak and the Nasdaq Composite’s 11-session...
Weekly Market Update – November 5, 2021
Quick Takes November started where October ended, with strong stock returns and new record highs. Since June, it was the best week for the S&P 500 Index, and all major U.S. equity indices closed the week at all-time highs. Small-cap stocks led the way with a +6.1%...
Monthly Market Update — October 2021
October Performance Summary After wobbling a bit to start the month, October lived up to its reputation for strength. The S&P 500 Index began with four down days out of the first eight but was positive for all but two of the remaining days in October. The index...