News & Insights

Market Commentary | August 5th, 2024

Week in Review... Broad equity markets finished sharply lower for the week with renewed fears of a recession looming. The S&P 500 was down 2.06% The Dow Jones Industrial Average declined by 2.10% The Nasdaq Composite was lower by 3.35% The 10-Year Treasury closed...

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Weekly 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...

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Weekly 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...

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Weekly 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%...

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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...

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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...

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Market Commentary | June 24th, 2024

Broad equity finished mostly higher for the short trading week. The S&P 500 was up for the week, gaining 0.61% The Dow Jones Industrial Average was up by 1.45% The Nasdaq Composite finished flat at 0.00% The 10-Year Treasury closed at 4.25% The week was relatively...

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Market Commentary | June 17th, 2024

Markets were mixed for the week following a rate rally led by softer Consumer Price Index (CPI) numbers and a Fed decision to leave rates unchanged: The S&P 500 was up near-record levels for the week, gaining 1.58% The Dow Jones Industrial Average fell by 0.54%...

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