Stocks advanced last week, led by large-cap companies, while smaller stocks struggled. The S&P 500 rose 1.17%, supported by strength in defensive sectors such as consumer staples and utilities, as investors favored companies with more resilient demand. Energy and...
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Markets Rebound as Weak Jobs Data Dents Fed Hike Expectations
Stocks were mixed last week, with growth outperforming value across all three capitalization segments. Markets initially came under pressure from elevated Treasury yields and concerns over inflation and energy prices, but a weaker-than-expected September jobs report...
Stocks Shrug Off Multi-Year High in Yields
Stocks looked past a surge in Treasury yields to multi-year highs last week, with large-cap growth leading the market higher. Gains were concentrated in large caps, as mid caps finished flat and small caps slipped. Growth beat value across all three size segments,...
Stocks Narrowly Slip as the 10-Year Tops 5%
US equities were choppy last week. AI-related stocks sold off early after several prominent industry executives called for a slowdown in development over safety concerns, before recovering to trade higher by Friday. Stocks also dropped sharply following the Federal...
Stocks Move Lower as the 10-Year Treasury Nears 5%
U.S. stocks finished the week lower despite a strong end-of-week rebound fueled by Friday's inflation report, which came in high but in line with expectations. Large- and small-cap value stocks returned to favor, extending their year-to-date outperformance versus...
Markets Flat as Strong Jobs Data Overshadows Iran Tensions
U.S. stocks finished the week roughly flat as investors weighed escalating U.S.-Iran tensions, stronger-than-expected job data, and shifting Federal Reserve policy expectations. Size and style trends were mixed: most major indices inched higher, with large-cap growth...
Equity Markets Were Mixed as Inflation Enters Center Stage
U.S. equity markets finished higher for the week, though the gains masked a considerably weaker showing beneath the surface. The S&P 500 and DJIA each rose 0.5%, while the Nasdaq Composite gained 0.8%, with strength concentrated almost entirely in mega-cap growth...
Bond Market Jitters Send Equities Lower
U.S. equity markets declined during the week as a sharp pullback across semiconductor and momentum stocks, combined with rising oil prices and elevated Treasury yields, weighed on investor sentiment. The S&P 500 fell 1.4%, while the Nasdaq Composite declined 2.1%...
Easing Inflation Sends Markets Higher
U.S. equity markets finished a relatively eventful week with slight gains as better-than-feared inflation data helped offset pressure from rising oil prices and weakness across several mega-cap growth names. The S&P 500 rose 0.4% to notch fresh record highs, while...
Earnings Strength and Easing Geopolitical Tensions Send Markets to New Highs
U.S. equity markets rebounded sharply during the week as strong corporate earnings, renewed enthusiasm surrounding artificial intelligence, and easing geopolitical tensions in the Middle East boosted investor sentiment. As we enter the late stages of Q2 earnings...