Market Commentaries
Last Week’s Markets in Review: The FED, Q2 GDP, and Jobless Claims
08-03-2020 |U.S equity markets rallied higher following a string of positive announcements on the economic data, and a continued commitment to maintain record low-interest rates by the Federal Reserve. In the U.S., the S&P 500 Index rose to a level of 3,271, representing a gain of 1.73%, while the Russell Midcap Index pushed 1.59% higher last week... Read More
Last Week’s Markets in Review: More Stimulus On-Deck
07-27-2020 |Stocks wavered in another volatile week of trading. Earnings updates, economic stimulus news, and renewed concerns over continued geopolitical tensions influenced markets. In the U.S., the S&P 500 Index fell to a level of 3,216, representing a loss of 0.27%, while the Russell Midcap Index moved 0.22% higher last week.... Read More
Last Week’s Markets in Review:Investors Ponder Impact of Upcoming Elections
07-20-2020 |Global equity markets rallied higher following a string of positive announcements on the economic data, quarterly earnings, and vaccine development fronts. In the U.S., the S&P 500 Index rose to a level of 3,225, representing a gain of 1.27%, while the Russell Midcap Index pushed 3.04% higher last week.... Read More
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