Weekly Commentary
Last Week on Wall Street - May 18th, 2024
S&P 500: 1.54% DOW: 1.24% NASDAQ: 2.13% 10-YR Yield: 4.42%
moreThis Week on Wall Street - Week of May 14th
Equities are striving to maintain their recent momentum, buoyed by favorable earnings reports and comments from the Federal Reserve.
moreLast Week on Wall Street - May 11th, 2024
S&P 500: 1.85% DOW: 2.16% NASDAQ: 1.14% 10-YR Yield: 4.50%
moreThis Week on Wall Street - Week of May 6th
Off the backs of a Fed meeting and soft jobs report, equities headed for their best 3-day rally of the year.
moreLast Week on Wall Street - May 4th, 2024
S&P 500: 0.55% DOW: 1.14% NASDAQ: 1.44% 10-YR Yield: 4.49%
moreThis Week on Wall Street - Week of April 30th
Equities continued to stage a small rebound to end the month of April after pulling back on bets that the Fed would keep interest rates higher for longer.
moreLast Week on Wall Street - April 27th, 2024
S&P 500: 2.67% DOW: 0.67% NASDAQ: 4.22% 10-YR Yield: 4.66%
moreLast Week on Wall Street - April 20th, 2024
S&P 500: -3.05% DOW: 0.01% NASDAQ: -5.52% 10-YR Yield: 4.62%
moreThis Week on Wall Street - Week of April 15th
Following the worst week of 2024, equities staged a small rebound on Monday, while bonds experienced a decline.
moreLast Week on Wall Street - April 13th, 2024
S&P 500: -1.56% DOW: -2.37% NASDAQ: -0.46% 10-YR Yield: 4.52%
moreLast Week on Wall Street - April 6th, 2024
S&P 500: -0.95% DOW: -2.27% NASDAQ: -0.79% 10-YR Yield: 4.40%
moreThis Week on Wall Street - Week of April 2nd
As the first trading week of April unfolds, both bonds and stocks witnessed a decline prompted by increasing speculation around a more cautious approach to Federal Reserve interest rate cuts. This market sentiment is partially fueled by the surprising expansion in U.S. manufacturing activity, the first instance since September 2022.
moreLast Week on Wall Street - March 30th, 2024
S&P 500: 0.34% DOW: 0.34% NASDAQ: -0.38% 10-YR Yield: 4.21%
moreThis Week on Wall Street - Week of March 25th
Wall Street experienced cautious trading to kick off the shortened trading week. The Federal Reserve's preferred inflation report, the PCE index, is at the forefront of investors' minds, due on Friday when markets are closed.
moreLast Week on Wall Street - March 23th, 2024
S&P 500: 2.29% DOW: 1.97% NASDAQ: 2.85% 10-YR Yield: 4.20%
moreThis Week on Wall Street - Week of March 18th
Equity markets kicked off the week on a strong note, rebounding from previous weeks' sluggish performance, particularly within the mega-cap sector.
moreLast Week on Wall Street - March 9th, 2024
S&P 500: -0.13% DOW: -0.02% NASDAQ: -0.70% 10-YR Yield: 4.30%
moreThis Week on Wall Street - Week of March 11th
It's a data-packed week after a stronger-than-expected jobs report last Friday. Equities opened up lower while bonds were little changed.
moreLast Week on Wall Street - March 8th, 2024
S&P 500: -0.26% DOW: -0.93% NASDAQ: -1.31% 10-YR Yield: 4.07%
moreThis Week on Wall Street - Week of March 4th
Markets struggled to gain traction to start the week as traders are awaiting the flood of jobs data and Fed speak. Jerome Powell is speaking twice during the week and is expected to hold the line on his recent no rush to cut message. However, if we get much cooler labor market data, it would reinforce market bets for a cut in the Summer.
moreLast Week on Wall Street - March 2nd, 2024
S&P 500: 0.95% DOW: -0.11% NASDAQ: 1.74% 10-YR Yield: 4.18%
moreThis Week on Wall Street - Week of February 26th
Nearly all asset classes saw small moves to start the week as traders waited for key economic data and Fed Speak. After hotter-than-expected inflation readings from the CPI report earlier in the month, many will be watching the PCE index numbers on Thursday for more insight into the reflation threat.
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