Market Data as of Week Ending: 7/26/2024 unless noted otherwise Stock prices were mixed as the S&P 500 declined following varied results from corporate earnings and economic data. As we near the halfway point of this earnings season, the outlook remains favorable...
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Stock Prices Mixed Despite Higher Economic Growth
Market Data as of Week Ending: 7/26/2024 unless noted otherwise Stock prices were mixed as the S&P 500 declined following varied results from corporate earnings and economic data. As we near the halfway point of this earnings season, the outlook remains favorable...
Investor Sentiment Takes Hold on Small and Value Factors
Market Data as of Week Ending: 7/19/2024 unless noted otherwise Stock prices were generally lower as the S&P 500 declined, notching its worst week in more than three months. The earnings outlook improved as consensus earnings growth expectations increased to 9.7%...
Stocks and Bonds Gain as Inflation Slows
Market Data as of Week Ending: 7/12/2024 unless noted otherwise Stock prices were generally higher as the S&P 500 reached new highs and market breadth expanded. The earnings outlook improved as consensus earnings growth expectations increased to 9.3% for the...
S&P 500 Hits New Highs Despite Lack of Breadth
Market Data as of Week Ending: 7/5/2024 unless noted otherwise Stock prices were mixed as the S&P 500 reached new highs despite a lack of market breadth. The earnings outlook remains optimistic, with forecasted earnings growth of 8.8% for the second quarter and...
Mixed Results for Stocks and Bonds
Market Data as of Week Ending: 6/28/2024 unless noted otherwise Stock prices were mixed as investors shifted their focus to the second half of the year. Investors rotated back into small caps, the only size segment to deliver a positive return as the S&P 500...
Stocks End the Week Higher as Breadth Increases
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...
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...