Key Takeaways A TALE OF TWO MONTHS The S&P 500 Index declined a modest -0.8% in April but there was nothing subtle about the path to that slight decline. The month included a 4-day -12% decline followed by a stunning one-day +10% rally. But in the second half of...
Quick Takes Stocks finished last week on a historic note with another positive week, buoyed by easing trade concerns, better-than-expected corporate earnings, and encouraging employment growth. The S&P 500 Index was up +2.9% for the week, riding nine straight days...
Quick Takes For the week, the S&P 500 Index was up +4.6%, the small cap Russell 2000 Index was up +4.1% and the tech-heavy Nasdaq Composite Index jumped +6.7%. Solid corporate earnings reports appeared to outweigh anxiety surrounding tariff and trade uncertainty....
Quick Takes The VIX volatility index, or CBOE Volatility Index, was down considerably last week despite continued choppiness in the S&P 500 Index. In the end, the S&P 500 lost -1.5% for the week, while the technology-heavy Nasdaq Composite was down -2.6%. The...
Quick Takes The S&P 500 Index jumped +5.7% in its best weekly gain since November 2023, rebounding from its worst week since March 2020. The rollercoaster market volatility, driven recently by tariff policy changes, mirrors past crises and follows familiar...
Key Takeaways POLICY UNCERTAINTY REMAINS PERVASIVE The U.S. economy’s foundation remains strong, but policy uncertainty, particularly around tariffs, is negatively affecting sentiment among households and businesses. Despite S&P 500 earnings exceeding...
