The S&P 500 fell 1.3% on the week with the bulk of the drop following the Federal Open Market Committee (FOMC) interest rate decision.
Second quarter earnings reports continued to come in this week with 30% of S&P 500 companies reporting. Things are looking better than
The Consumer Price Index (CPI) number for June came in this week. The month-over-month price increase was higher than expected at 0.3%,
There was a major milestone this week as the S&P 500 Index briefly crossed the 3000 mark. The positive returns come on the heels of
The S&P 500 rallied 2.1% on this shortened week. Small caps advanced 2.9% while emerging market equities gained 1.7%. Bond yields