Weekly Market Review – August 14, 2021
Stock Markets Investors generally discounted news of the continued spread of COVID-19 and its impact on future economic expansion. Equities climbed, with value stocks listed in the S&P 500 Index outperforming the growth stocks. Materials led other sectors in their advance, while energy stocks dipped on worries that oil producers may break ranks on the […]
Weekly Market Review – August 7, 2021
Stock Markets Equities charted gains for the past week as the large-cap benchmarks and tech-heavy Nasdaq Composite Index surged to record highs. A steep increase in the longer-term interest rates after the strong monthly payrolls report last Friday bodes well for the lending margins of banks, thus propping up the financial sector. Also moving up […]
Weekly Market Review – July 31, 2021
Stock Markets The past trading week saw indexes mixed with a high level of volatility. The large-cap benchmark indexes as well as the technology-heavy Nasdaq Composite index saw record highs midweek before the slump towards Friday’s close where they settled with moderate losses. Appearing to buck this trend are the S&P 400 Index for MidCap […]
Weekly Market Review – July 24, 2021
Stock Markets Although the stock market suffered a deep sell-off registering as a 700-point drop in the Dow on Monday, it rebounded on Tuesday and the rest of the week to end higher than last week’s close. The rally was concentrated mostly in the technology and internet-related companies known as the FANG+ stocks, referring to […]
Weekly Market Review – July 17, 2021
Stock Markets The major indexes closed at lower levels, although the S&P 500 and Nasdaq Composite touched new intraday highs within the week before ending with a correction. Equities suffered some losses this week but the uptrend established from the beginning of 2021 remains intact. That being said, there appear to be signs that a […]
Weekly Market Review – July 10, 2021
Stock Markets The stock market index benchmarks closed the week mixed as the large-cap and growth stocks surge higher for the second week in a row. Sectors sensitive to interest rate movement, such as the real estate sector, outperformed the rest of the market due to the plunge of the longer-term Treasury yields. Underperforming other […]
Weekly Market Review – July 3, 2021
Stock Markets The stock market gained upward momentum with both the broad S&P 500 Index and the tech=heavy Nasdaq Composite Index closing a fifth successive quarterly rise. The Russell 1000 Growth Index saw an eighth straight weekly gain as large-cap growth stocks led the market advance this week. In the S&P 500, technology and health […]
Weekly Market Review – June 26, 2021
Stock Markets The stock markets rebounded strongly from the declines during the previous week. The broad S&P 500, as well as the technology-dominated Nasdaq Composite Index, ascended to record highs as both experienced their largest weekly gains since the start of April. Although volumes were modest which is typical of summer trading, equities rose steadily […]
Weekly Market Review – June 19, 2021
Stock Markets Throughout the past week, the stock markets surprisingly declined due to the Federal Reserve’s June 15-16 policy meeting and subsequent comments from a Fed official later in the week concerning a potential hike in interest rates earlier than expected. The Fed meeting drew close attention, coming soon after the latest inflation announcement showing […]
Weekly Market Review – June 12, 2021
Stock Markets The S&P 500 moved on to a new record high during an otherwise lightly traded week, helped along by a sharp decrease in longer-term bond yields. Growth stocks were pushed higher by the decline in yields as they tended to reduce the implicit discount on future earnings. Financials were weighed down, however, due […]