Stock Love

February 12, 2024 Investors have shown stocks a lot of love so far this year, pushing the S&P 500 Index above the 5,000 level for the first time. For the week, the S&P 500 Index was +1.4%, the Dow was +0.1%, and the NASDAQ +1.8%. The S&P 500 Index was led by the Technology, Consumer […]

More Progress is Needed

February 5, 2024 The S&P 500 Index declined intra-week due to hawkish Federal Reserve comments, but rallied Friday to close at a new high. For the week, the S&P 500 Index was +1.4%, the Dow was +1.4%, and the NASDAQ +1.3%. The S&P 500 Index was led by the Consumer Discretionary, Communication Services, and Consumer […]

Growing Economy

January 29, 2024 The S&P 500 Index hit a new record high inter-week before closing lower on Friday. For the week, the S&P 500 Index was +1.1%, the Dow was +0.6%, and the NASDAQ +0.6%. The S&P 500 Index was led by the Energy, Communication Services, and Financial sectors, while the Consumer Discretionary, Real Estate, […]

Fully Recovered

January 22, 2024 The S&P 500 Index returned to record high territory last week. For the week, the S&P 500 Index was +1.2%, the Dow was +0.8%, and the NASDAQ +2.9%. The S&P 500 Index was led by the Technology, Communication Services, and Financial sectors, while the Energy, Utility, and Real Estate sectors lagged. The […]

Stop and Go

January 16, 2024 The major equity indices rebounded from the initial down week of 2024. For the week, the S&P 500 Index was +1.9%, the Dow was +0.4%, and the NASDAQ +3.2%. The S&P 500 Index was led by the Technology, Communication Services, and Consumer Staples sectors, while the Energy, Utility, and Materials sectors lagged. […]

Slow Start

January 8, 2024 The S&P 500 Index snapped its nine-week winning streak to open the year down 1.5%. The other major benchmarks also closed lower with the Dow -0.6% and the NASDAQ -3.1%. The S&P 500 Index was led by the Health Care, Utility, and Energy sectors, while the Technology, Consumer Discretionary, and Industrial sectors […]

Launch

January 2, 2024 The equity markets had a quiet, but positive, last week of the year. The weekly return for the S&P 500 Index was +0.3%, the Dow was +0.8%, and the NASDAQ was +0.3%. The S&P 500 Index was led by the Utility, Consumer Staples, and Real Estate sectors. The Energy, Consumer Discretionary, and […]

Skating

December 26, 2023 Equities skated into the Christmas holiday weekend with eight consecutive weekly gains. The weekly return for the S&P 500 Index was +0.8%, the Dow was +0.2%, and the NASDAQ was +0.9%. The S&P 500 Index was led by the Communication Services, Energy, and Health Care sectors. The Utility and Real Estate sectors […]

Tight Enough

December 18, 2023 Equities rallied and bond yields declined as the Federal Reserve projected a decrease in the Fed funds rate for 2024 as the pace of inflation is declining. The weekly return for the S&P 500 Index was +2.5%, the Dow was +2.9%, and the NASDAQ was +3.4%. The S&P 500 Index was led […]

Projections

December 11, 2023 Equities rose modestly as investors await the final Federal Reserve meeting of the year. The weekly return for the S&P 500 Index was +0.2%, the Dow was flat, and the NASDAQ was +0.6%. The S&P 500 Index was led by the Consumer Discretionary, Communication Services, and Technology sectors. The Energy, Materials, and […]