Market Commentaries
Last Week’s Markets in Review: Surprise!
07-13-2020 |U.S. equity markets moved higher last week, once again lead by the tech-heavy NASDAQ Composite index, despite some turbulence stemming from the apparent resurgence in COVID-19 cases throughout the week. In the U.S., the S&P 500 Index rose to a level of 3,185, representing a gain of 1.79%, while the Russell Midcap Index moved 0.31% higher last week.... Read More
Last Week’s Markets in Review: Jobs Data Impresses while COVID-19 Data Concerns
07-06-2020 |Global equity markets rallied following the release of a U.S. unemployment report that showed the rate of unemployed falling to 11.1%, much better than the consensus expectation of 12.4% unemployed, and 4.8 million in new jobs being created during the month of June. ... Read More
Last Week’s Markets in Review: Manufacturing on the Rebound
06-29-2020 |The U.S. equity rally was put on pause last week over concerns of a resurgence in COVID-19 cases in certain geographic areas. In the U.S., the S&P 500 Index fell to a level of 3,009, representing a loss of 2.86%, while the Russell Midcap Index moved 3.31% lower last week. ... Read More
Last Week’s Markets in Review: Cash is Piling Up
06-22-2020 |April retail sales came in well above expectations, shocking economists and market pundits by registering a month-over-month increase of nearly 18%. All welcomed an upside surprise in retail sales as a potential sign that the current economic recovery is concretely underway, remembering that consumption makes up approximately 70% of annual U.S. GDP, and equity markets reacted accordingly.... Read More
Last Week’s Markets in Review: Focus on the Fed
06-08-2020 |Stocks rebounded from Thursday's sharp selloff, but it wouldn't be enough to offset a challenging week for the stock market. In the U.S., the S&P 500 Index fell to a level of 3,041, representing a decrease of 4.73%, while the Russell Midcap Index moved 6.32% lower last week.... Read More
Last Week’s Markets in Review: COVID-19’s Impact on Dividends
06-01-2020 |Stocks cap off the week, and month of May, with gains. In the U.S., the S&P 500 Index rose to a level of 3,044, representing an increase of 3.04%, while the Russell Midcap Index moved 4.32% higher last week. Meanwhile, the Russell 2000 Index, a measure of the Nation's smallest publicly traded firms, returned 2.87% over the week.... Read More
Last Week’s Markets in Review: The Future is Now
05-26-2020 |Markets continued to grind higher last week, as positive news related to COVID-19 infection rates in newly reopened states showed a promising trend. Meanwhile, housing market activity proved to be more robust than most had forecast.... Read More
Last Week’s Markets in Review: Certain Sectors are Leading Stocks off March Lows
05-18-2020 |The major U.S. equity indexes finished slightly lower last week. Early gains stemming from plans to ease lockdown restrictions and optimistic COVID-19 treatment news gave way as the week progressed to downbeat economic and earnings updates as well as increasing tensions between the U.S. and China.... Read More