Custody

Markets Pullback on Hotter-Than-Expected Inflation

Markets Pullback on Hotter-Than-Expected Inflation

Market Data as of Week Ending: 2/16/2024 unless noted otherwise Stock prices pulled back slightly as the S&P 500 experienced its first weekly decline since the start of the year. The week did bring some favorable earnings surprises, with the estimated earnings...

read more
Strong Earnings Send S&P 500 to 5000

Strong Earnings Send S&P 500 to 5000

Market Data as of Week Ending: 2/9/2024 unless noted otherwise Stock prices moved higher once again as the S&P 500 surpassed the 5,000-point threshold for the first time and marked its 14th positive week out of the past 15. After beginning negative, recent...

read more
Markets Trek Higher on the Back of Strong Economic Data

Markets Trek Higher on the Back of Strong Economic Data

Market Data as of Week Ending: 2/2/2024 unless noted otherwise Stock prices continued their trek higher as economic data outweighed hawkish Fed rhetoric. The S&P 500 and Dow Jones Industrial Average climbed more than 1% overall, marking the 13th positive week out...

read more
Stocks Rise as GDP Beats Expectations

Stocks Rise as GDP Beats Expectations

Market Data as of Week Ending: 1/26/2024 unless noted otherwise Stock prices finished the week with gains as the S&P 500 and Dow Jones Industrial Average once again reached new all-time highs. Earnings growth expectations for the S&P 500 improved last week,...

read more
Stock Prices Lifted by Consumer Strength

Stock Prices Lifted by Consumer Strength

Market Data as of Week Ending: 1/19/2024 unless noted otherwise Stock prices were mixed, but most major indexes finished the week with gains as the S&P 500 and Dow Jones Industrial Average reached new all-time highs. Earnings season is still in the early innings,...

read more
Stock and Bond Prices Improve

Stock and Bond Prices Improve

Market Data as of Week Ending: 1/12/2024 unless noted otherwise Stock prices generally advanced as most major indexes finished the week with gains. Earnings season kicked off with several large banks that showed American consumers remain resilient. S&P 500...

read more
Investor Sentiment Shows Signs of Skepticism

Investor Sentiment Shows Signs of Skepticism

Market Data as of Week Ending: 1/5/2024 unless noted otherwise For the first time in more than nine weeks, the S&P 500 ended the week lower as investor sentiment showed some signs of skepticism. Analysts have been lowering S&P 500 earnings growth expectations,...

read more
Large Cap Stocks Finish the Year Strong

Large Cap Stocks Finish the Year Strong

Stock prices were mixed as the S&P 500 narrowly missed out on setting a new all-time high. The S&P 500 still managed to deliver a gain for the ninth consecutive week, the longest streak since 2004. Despite the strong results, expectations have been more...

read more
Markets Grind Higher Despite a Mid-Week Drop

Markets Grind Higher Despite a Mid-Week Drop

Market Data as of Week Ending: 12/22/2023 unless noted otherwise Equities climbed higher last week as investors contemplated the future path of monetary policy. All sizes and styles were higher, with small-cap stocks outperforming. Growth outperformed value in large...

read more
Dovish Fed and Strong Economic Data Push Markets Higher

Dovish Fed and Strong Economic Data Push Markets Higher

Market Data as of Week Ending: 12/15/2023 unless noted otherwise Equities continued the path higher last week as better than expected economic data supported the dovish tone of the fed. All sizes and styles were higher for the week but small-cap stocks outperformed....

read more