Market Data as of Week Ending: 9/22/2023 unless noted otherwise Equities ended the week lower as investors digested hawkish sentiment from Thursday's Federal Reserve meeting and considered compounding economic threats. Beyond higher interest rates, oil prices remain...
Market Data as of Week Ending: 9/15/2023 unless noted otherwise Equities ended the week relatively flat as investors digested a bevy of economic data and news releases. Continued uncertainty regarding the path of monetary policy and elevated bond yields challenged...
Market Data as of Week Ending: 9/8/2023 unless noted otherwise Equities retreated last week as the economy continued to show strength. Despite a relatively light week for economic releases, market participants once again prepare for the possibility of further rate...
Market Data as of Week Ending: 9/1/2023 unless noted otherwise U.S. stock indexes rallied on a mix of economic data. Indications of moderating inflation and a loosening labor market gave investors confidence that the Fed rate hiking cycle is nearing the end. The...
Market Data as of Week Ending: 8/25/2023 unless noted otherwise U.S. stock indexes ended the volatile week mixed as investors were left to digest mixed economic signals and debate the course of monetary policy. Federal Reserve Chair Jerome Powell took a slightly more...
Market Data as of Week Ending: 8/18/2023 unless noted otherwise U.S. stock indexes closed the week with losses as sentiment appears to have taken a hit from the sharp increase in longer-term bond yields, and fears of a sharp slowdown in China have grown. After three...
Market Data as of Week Ending: 8/11/2023 unless noted otherwise U.S. stock indexes ended the volatile week lower despite promising inflation data as investors sifted through mixed Fed-speak and credit rating downgrades for several U.S. banks. Value stocks continued...
Market Data as of Week Ending: 8/4/2023 unless noted otherwise U.S. stock indexes dropped as U.S. government debt was downgraded and bond yields surged. The S&P 500 is on track for the third consecutive quarter of declines, down more than 5%, with 84% of companies...
The AmericanTCS 401(k) Composite Benchmark returned 4.66% in the second quarter of 2023. Following a challenging market in 2022 that delivered a decline of -16.70% to the 401(k) benchmark, 2023 has been a welcome change with a YTD return of 10.28%. Because 401(k)...
Market Data as of Week Ending: 7/28/2023 unless noted otherwise U.S. stock indexes advanced as the Fed increased policy rates, and economic data continues to surprise the upside. More than half of the S&P 500 companies have reported second-quarter results. Among...