Market Data as of Week Ending: 4/12/2024 unless noted otherwise Stock prices retreated again last week as inflation surprised to the upside, significantly reducing the probability of a Fed rate cut in June. First-quarter earnings expectations have been lowered from...
Market Data as of Week Ending: 4/5/2024 unless noted otherwise Stock prices pulled back last week from record highs as there was growing sentiment that an initial interest-rate cut could be pushed into the second half of this year. Minneapolis Fed President Kashkari...
Market Data as of Week Ending: 3/22/2024 unless noted otherwise Stock prices rose last week as the Fed struck a dovish tone and the S&P 500 reached a new record high. Investors responded favorably to the Fed’s decision to hold on rate cuts until they are more...
Market Data as of Week Ending: 3/15/2024 unless noted otherwise Equities were mostly lower on the week as inflation concerns drove yields higher. It was a risk-off week as small and mid-cap stocks underperformed. Value slightly outperformed growth, and large-cap...
Market Data as of Week Ending: 3/8/2024 unless noted otherwise Equities ended a volatile week modestly higher as investors digested conflicting labor data. Style trends reversed as value outperformed growth. Mid-cap stocks outperformed large and small-cap stocks....
Market Data as of Week Ending: 3/1/2024 unless noted otherwise Equities were mostly higher on the week as inflation data was in line with expectations. Markets broadened out as mid and small-cap stocks outperformed large, but style trends continued with growth...
Market Data as of Week Ending: 2/23/2024 unless noted otherwise Most equity indexes moved higher last week on the back of strong Q4 earnings reports. The S&P 500 ended the week 1.68% higher after experiencing its best day in over a year on Thursday. Small-cap...
Market Data as of Week Ending: 2/16/2024 unless noted otherwise Stock prices pulled back slightly as the S&P 500 experienced its first weekly decline since the start of the year. The week did bring some favorable earnings surprises, with the estimated earnings...
Market Data as of Week Ending: 2/9/2024 unless noted otherwise Stock prices moved higher once again as the S&P 500 surpassed the 5,000-point threshold for the first time and marked its 14th positive week out of the past 15. After beginning negative, recent...
Market Data as of Week Ending: 2/2/2024 unless noted otherwise Stock prices continued their trek higher as economic data outweighed hawkish Fed rhetoric. The S&P 500 and Dow Jones Industrial Average climbed more than 1% overall, marking the 13th positive week out...