Market Commentary
Market Commentary | July 29th, 2024
Week in Review... Broad equity markets finished mixed for the week with cyclical names continuing to outperform technology and momentum. The S&P 500 was down for the week, losing 0.83% The Dow Jones Industrial Average was up by 0.75% The Nasdaq Composite was down...
Market Commentary | July 22nd, 2024
Broad equity finished mixed for the week with the style rotation trade in full effect. The S&P 500 was down for the week, losing 1.97% The Dow Jones Industrial Average was up by 0.72% The Nasdaq Composite was down by 3.65% The 10-Year Treasury closed at 4.25% The...
Market Commentary | July 15th, 2024
Equity markets reacted positively to CPI news with the Russell 2000 having a breakout week, finishing up 6%. The other broad indices were up, with the Dow leading. The S&P 500 was up for the week, gaining 0.87% The Dow Jones Industrial Average led, ending up 1.59%...
Market Commentary | July 8th, 2024
Broad equity finished higher for the week, with the S&P 500 and the Nasdaq indices both reaching record highs. The S&P 500 was up for the week, gaining 1.95% The Dow Jones Industrial Average was up by 0.66% The Nasdaq Composite was up by 3.50% The 10-Year...
Market Commentary | July 1st, 2024
Broad equity finished mixed for the trading week. The S&P 500 was down for the week, falling -0.08% The Dow Jones Industrial Average fell by -0.08% The Nasdaq Composite finished up 0.24% The 10-Year Treasury closed at 4.39% The Conference Board’s (CB) Consumer...