Evolving
Equities declined last week after the Federal Reserve reduced its outlook for the number of interest rate reductions it plans for 2025. For the week, the S&P 500 Index was -2.0%, the Dow Jones Industrials -2.2%, and the NASDAQ -2.3%. All eleven S&P sectors declined with the Technology, Utility, and Financial sectors declining the least […]
Game On
September started with downside pressure in the equity markets. For the week, the S&P 500 was -4.2%, the Dow was -2.9%, and the NASDAQ was -5.9%. Within the S&P 500 Index, Consumer Staples and Real Estate were the only two positive sectors for the week. The worst performing sectors were Technology, Energy, and Communication Services. […]
The Time Has Come
The equity market finished higher on the week as Fed Chair Jerome Powell said the time has come for monetary policy to adjust. For the week, the S&P 500 was +1.5%, the Dow was +1.3%, and the NASDAQ was +1.1%. Within the S&P 500 Index, the Real Estate, Materials, and Consumer Discretionary sectors led the […]
Steady Feddy
Stocks continued their uptrend last week after the Federal Reserve held interest rates steady. For the week, the S&P 500 Index was +2.3%, the Dow was +2.0%, and the NASDAQ was +3.0%. The best performing sectors in the S&P 500 Index were the Communication Services, Consumer Discretionary, and Industrial sectors, while the Real Estate, Health […]