Stubborn

Stubborn inflation data kept stocks muted last week. For the week, the S&P 500 Index was -0.1%, the Dow was flat, and the NASDAQ was -1.2%. The best performing sectors in the S&P 500 Index were the Energy, Materials, and Consumer Staples sectors, while the Real Estate, Consumer Discretionary, and Technology sectors lagged. The 10-year […]

Sticky Prices

The S&P 500 Index had only its second weekly loss year-to-date but did stay above the 5,000 level. For the week, the S&P 500 Index was -0.3%, the Dow was just a touch positive, and the NASDAQ was -1.5%. The S&P 500 Index was led by the Energy, Materials, and Utility sectors, while the Technology, […]

Stock Love

Investors have shown stocks a lot of love so far this year, pushing the S&P 500 Index above the 5,000 level for the first time. For the week, the S&P 500 Index was +1.4%, the Dow was +0.1%, and the NASDAQ +1.8%. The S&P 500 Index was led by the Technology, Consumer Discretionary, and Health […]

More Progress is Needed

The S&P 500 Index declined intra-week due to hawkish Federal Reserve comments, but rallied Friday to close at a new high. For the week, the S&P 500 Index was +1.4%, the Dow was +1.4%, and the NASDAQ +1.3%. The S&P 500 Index was led by the Consumer Discretionary, Communication Services, and Consumer Staples sectors, while […]