Market Returns Global equity markets made a strong start this week, continuing a broad-based rally on Monday and Tuesday. The primary drivers were the ongoing reopenings across the country as well as positive movement among economic indicators, including global PMIs, housing data, and retail sales Despite the positive data, markets declined following reports of increased | Read More +
Month: June 2020
Insights: The Markets, Consumer Spending, and COVID-19
Market Returns After a mild correction last week — including significant volatility on Wednesday and Thursday — the markets bounced back this week. Through the end of Thursday, the MSCI ACWI, which represents global equities (i.e., both U.S. and international stocks), rose 2.2%. The S&P 500 gained 2.4% over the same 4-day period, and the | Read More +
Update On The Markets, The Fed, and Fiscal Policy
Market Returns The bond market was a source of relative stability this week, as the Barclays U.S. Aggregate Bond Index finished up 0.6%. This week’s equity market performance, however, was more negative than it has been in recent weeks. Trading was choppy during the first half of the week, followed by sharp selling on Thursday | Read More +
End-of-Week Market Update for June 6
Investor optimism continued this week, and financial markets maintained an upward trajectory. The S&P 500 finished the week up 4.9%, the technology-focused Nasdaq rose 3.4%, the small cap Russell 2000 advanced 8.0%, and international stocks, as represented by the MSCI ACWI Ex-USA, rose 7.2%. Investment-grade bonds, as measured by the Barclays U.S. Aggregate Bond Index, | Read More +
An Update on the Markets for Week Ending 5.30.2020
Financial markets continued their upward trajectory this week. The S&P 500 finished the week up 3.6%, the technology-focused Nasdaq rose 1.3%, the small cap Russell 2000 advanced 4.1%, and international stocks, as represented by the MSCI ACWI Ex-USA, rose 4.5%. Investment-grade bonds, as measured by the Barclays Aggregate Index, finished the week up 0.2%. Continued | Read More +
