Quick Takes The S&P 500 was up +2.4% for the first full week of August, its best week since June 27, leaving it just a third of a point away from its July 28 record closing high. The tech-heavy Nasdaq was up +3.9% and achieved a fresh record high on Friday to...
Quick Takes Friday was the worst day, and concluded the worst week, for Wall Street since late May, as investors sold stocks following a combination of trade developments and weak jobs data. The S&P 500 Index was down -2.5% and the small cap Russell 2000 Index...
Quick Takes Strong corporate earnings and favorable trade deals set a positive tone for investors throughout the week and propelled stocks to more record highs. The S&P 500 and Nasdaq Composite closed at record highs again. For the week, the S&P was up +1.5%,...
Quick Takes Solid earnings reports, encouraging economic data, and robust retail sales fueled further all-time highs for the S&P 500 and Nasdaq Composite. For the week, the S&P was up +0.6%, the Nasdaq closed +1.5% higher, and the small-cap Russell 2000 Index...
Quick Takes The White House spent much of last week sending out letters to trading partners with newly set tariff rates that ranged as high as 50%. Unlike the dramatic tariff-induced losses in early April, the markets last week largely shrugged off this round of...
Key Takeaways STOCKS RALLY DESPITE LINGERING CONCERNS The second quarter began with market turmoil due to tariff fears but ended with a historic rally, as the S&P 500 surged nearly +25% from its April low. Despite lingering tariff uncertainty and geopolitical...