Market Week April 12, 2021
Strong economic data and a growing number of vaccinated Americans helped fuel significant market gains last Monday. The prior week's favorable jobs report, coupled with purchasing managers' encouraging news in both the manufacturing and services sectors, provided encouragement for investors. The Nasdaq rose1.7% followed by. the S&P 500 ((1.4%), the Dow (1.1%), the Global Dow (0.8%), and the Russell 2000 (0.5%). Read More
Market Week April 5, 2021
Stocks opened last week generally down, with only the Dow posting a marginal 0.3% gain. The Russell 2000 plunged 2.8%, the Nasdaq dropped 0.6%, while the Global Dow and the S&P 500 each slipped 0.1%. The sectors were mixed, with utilities, consumer staples, communication services, and health care pushing ahead, while energy, financials, information technology, consumer discretionary, materials, and real estate fell. Read More
Market Week March 29, 2021
Stocks ended last Monday mostly higher, as a rise in Treasury prices sent yields lower, which offered a boost to equities, particularly tech shares. The Nasdaq jumped 1.2%, the S&P 500 gained 0.7%, and the Dow rose 0.3%. Small-cap shares underperformed, driving the Russell 2000 down 0.9%. Read More
Market Week March 22, 2021
Stocks opened last week higher on encouraging economic and vaccine news. The S&P 500 climbed for the fifth straight session, closing up 0.7%, and the Dow advanced for the seventh session, reaching another record high after gaining 0.5%. Tech stocks rebounded, driving the Nasdaq up 1.1%. The Russell 2000 and the Global Dow each rose 0.3%. Crude oil prices and Treasury yields fell, while the dollar inched up. Read More
Market Week March 15, 2021
Stocks opened last week mixed, as cyclicals and value stocks advanced, while tech stocks plunged. The Dow (1.0%), the Global Dow (0.8%), and the Russell 2000 (0.5%) posted moderate gains. The S&P 500 fell 0.5%. The Nasdaq dove into correction territory after dropping 2.4% on the day and is down 11.0% from its all-time high. Read More
Market Week March 8, 2021
Stocks rebounded in a big way last Monday. Investors may be picking low-hanging fruit following the prior week's depressed values, or they may have regained confidence in the market despite higher Treasury yields. In any case, each of the benchmark indexes listed here posted sizable gains, led by the Russel 2000 (3.4%), followed by the Nasdaq (3.0%), the S&P 500 (2.4%), the Dow (2.0%), and the Global Dow (1.6%). Read More
Market Week March 1, 2021
Stocks opened last week mixed to lower. Only the Dow (0.1%) and the Global Dow (0.2%) were able to eke out minimal gains. The Nasdaq plunged 2.5% amid a tech sell-off. The S&P 500 fell for the fifth straight session, dropping 0.8%, and the Russell 2000 lost 0.7%. Energy surged, climbing 3.5%, financials, industrials, materials, and real estate also gained. Read More
Market Week February 22, 2021
The stock market was closed last Monday in honor of Presidents' Day. Equities were mixed on the first day of trading last Tuesday. The Dow advanced 0.2% and the Global Dow gained 0.3%. The remaining benchmark indexes lost value, led by the Russell 2000, which fell 0.7% followed by the Nasdaq (-0.3%) and the S&P 500 (-0.1%). Read More
