Investing, Market Events, Uncategorized
Quick Takes Wall Street had its best week since mid-May and the fourth best week of the year, with the S&P 500 Index and Nasdaq Composite Index both closing at all-time highs. For the week, the S&P 500 climbed +3.4% and the tech-heavy Nasdaq Composite jumped...
Investing, Market Events, Uncategorized
Quick Takes A solid May Employment Situation Report and positive developments on the trade front helped push the S&P 500 back above the 6,000 level for the first time since February. The index gained +1.5% for the week and is just -2.3% from its February 19...
Investing, Market Events, Uncategorized
Quick Takes U.S. stocks retreated last week, following the prior week’s best showing of the year. The S&P 500 dropped -2.6%, the tech-heavy Nasdaq Composite fell -2.5%, and the small cap Russell 2000 Index slumped -3.5%. All three indexes marked their worst week...
Investing, Market Events, Uncategorized
Quick Takes U.S. stocks ended their longest weekly winning streak of the year as the S&P 500 slipped -1.0% last week, ending six positive weeks. The small cap Russell 2000 was down -3.0%, but the Nasdaq Composite was able to buck the trend and eke out a small gain...
Investing, Market Events, Uncategorized
Quick Takes Jittery markets, rising rates, and increased economic uncertainty persists as primary concerns for investors. A relatively mild -0.2% weekly decline masked yet more wild daily swings for stocks. It was the fifth consecutive weekly decline for the S&P...
