Market Data as of Week Ending: 6/21/2024 unless noted otherwise Most major equity indices ended the shortened trading week higher despite end-of-week softness. Year-to-date size and style trends reversed as breadth increased. Mid-cap stocks outperformed large-cap, and...
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Major Stock Indexes Reached New Highs Fueled by Tech Sector
Market Data as of Week Ending: 6/14/2024 unless noted otherwise Stock prices were mixed as inflation surprised to the downside, and the Fed left policy rates unchanged. Sentiment is supported by higher second-quarter earnings, which are expected to grow 9.0% for the...
Equities Mixed as Investors Deliberated Jobs Data Ahead of Fed Meeting
Market Data as of Week Ending: 6/7/2024 unless noted otherwise Equities were mixed for the week as investors debated a flurry of economic data ahead of the June Fed meeting. Large-cap stocks ended the week higher, while small and mid-cap stocks were in the red. Growth...
Momentum Slows as Stocks End the Week Lower
Market Data as of Week Ending: 5/31/2024 unless noted otherwise U.S. equity markets ended the week marginally lower as economic data supported the narrative of a strong economy with slowing inflation. The S&P 500 was 0.49% lower on the week, driven by losses in...
Markets Were Mixed as Sentiment Sinks
Market Data as of Week Ending: 5/24/2024 unless noted otherwise U.S. equity markets were mixed over the week as NVIDIA's gain was a primary factor in the market's divergence, helping drive the Nasdaq to a record high while the Dow Jones Industrial Average experienced...
Stocks Reach Record Highs on Mixed Inflation Data
Market Data as of Week Ending: 5/17/2024 unless noted otherwise U.S. equity markets climbed to record highs last week as concerns around inflation and interest rates were mitigated. The S&P 500 increased 1.60%, while the Dow Jones Industrial Average closed above...
Stocks Maintain Their Positive Momentum Despite Sagging Sentiment
Market Data as of Week Ending: 5/10/2024 unless noted otherwise U.S. equity markets continued their positive momentum, rising for the third consecutive week, as the post-FOMC rally seemingly continued. The S&P 500 increased 1.89%, ending the week slightly below...
Markets Move Higher After Choppy Week
Market Data as of Week Ending: 5/3/2024 unless noted otherwise Stocks finished higher for the second consecutive week, recovering some of April's losses, as key earnings and positive economic data towards the back half of the week shifted sentiment. After the second...
Stocks Snap Losing Streak
Market Data as of Week Ending: 4/26/2024 unless noted otherwise Stocks ended the week higher after three consecutive weeks of losses as investors digested a busy week of first-quarter earnings and mixed economic data releases. Nearly half of S&P 500 companies have...
Interest Rates Trend Higher
Market Data as of Week Ending: 4/19/2024 unless noted otherwise Stocks declined for the third consecutive week as a combination of disappointing earnings, Fed policy outlook, and conflict in the Middle East weighed on sentiment. Less than 15% of companies have...