The NASDAQ Index Surges to Best Calendar Start Since 2000 Positive equity momentum continued this week as the S&P 500 gained 2.2%. Despite yields moving higher, the NASDAQ fared even better with a 3.3% advance, which is a little bit of a character change. Fixed income indices were down as yields moved slightly higher. The...
Equities continued to rise last week as virtually all major market indices moved higher. For domestic markets, small-cap stocks led the way as the Russell 2000 Index returned 1.8%. Large-cap and mid-cap stocks also moved higher with weekly returns of 0.5% and 0.8%, respectively. Developed foreign markets matched U.S. small-cap stocks with a return of...