Stocks ended the week with a rally off news of expectations beating the February jobs report, saving a positive week for the S&P 500 Index. However, Friday’s market rally could not push the technology-heavy Nasdaq Composite Index back into the green for the week. The value rotation story continued as energy and financials were the […]
Despite a positive February for most stock indexes, the month ended with a negative week for the stock market. All S&P 500 Index sectors finished in the red except for energy, continuing the value stocks outperforming growth stocks trend, which coincides with the rise in interest rates. News last week was supposed to be driven […]
Rising U.S. Treasury yields were one factor leading the stock market to a 0.70% decline last week as markets paused to consider how this would impact stocks. For the most part, rising yields are viewed as the economy is improving; therefore, investors are selling bonds to move to riskier assets. Bond yields and prices move […]
After a week of mania in the stock market, it was unclear what to expect as trading began last Monday morning. Luckily, rational investors returned and propelled the S&P 500 Index to five straight days of gains, ending the week up more than 4%. Much of the week’s increase was supported by a potential $1.9 […]
The past week provided a flood of data, from corporate earnings, GDP releases, updates on the labor market, consumer spending, the list goes on. However, it was GameStop, and other stocks rising at an astronomical pace that dominated the news cycle and the stock market’s attention. Major indexes did finish the week in the red. […]
Economic Recovery 2020 will be remembered as a year of extremes. The word “unprecedented” earned the Oxford dictionary’s Word of the Year distinction highlighting the speechlessness to describe the many aspects of 2020 compared to years past. We have also coined new phrases such as “Zoom fatigue,” “pandemic fatigue,” and “unprecedented fatigue” to describe the […]
Coming off the first negative week of 2021, stocks quickly brushed off the decline and resumed growth last week, with the S&P 500 Index up over 1% and the technology-heavy Nasdaq Composite up 4%. We are currently 14 trading days into the new year, and indexes have already set five new record highs. This is […]
Despite a week marked by political unrest and a poor jobs report, the stock market continued its trend from last year and started 2021 with a positive week, even ending the week at record levels. The focus going into the week was the runoff elections in Georgia, which would determine which party controls the Senate […]