At a Glance – Key Takeaways The S&P 500 advanced 1.5% this week as it hit new a high crossing the 6,000 level for first time. The Bond market registered gains this week as 10-year Treasury yields declined to 4.26% from a two-week high of 4.50%. It is taking Americans longer to find work as...
Equity Markets – Post-election Rally Takes a Breather Equity markets fell during the week, taking a break from the rally post-election. The S&P 500 Index fell 1.1%, while the NASDAQ Composite slipped 1.4%. The Magnificent 7 performed relatively better, falling only 0.8%. Small caps fell 1.3% for the week. Bond indices were flat during the...
Equity markets continued their post-election rise this week with U.S. stocks moving higher by 3.8%, as measured by the Russell 3000 Index. In contrast to the strength demonstrated by domestic equities, international stocks, as measured by the MSCI EAFE Index declined 0.8%. Given the outcome of the election, investors are now attempting to discern what...