Market Data as of Week Ending: 8/23/2024 unless noted otherwise Equity markets recorded another week of gains as investors embraced Fed Chair Powell’s speech at Jackson Hole. Powell acknowledged that “the time has come for policy to adjust,” which was broadly...
Custody
Markets Surge on Soft Landing Hopes
Market Data as of Week Ending: 8/16/2024 unless noted otherwise Equity markets continued their rebound as the major U.S. stock indexes recorded their strongest weekly gains of 2024. The S&P 500 gained nearly 4% on the week as positive inflation and growth data...
Global Sell-off Rattles Markets
Market Data as of Week Ending: 8/9/2024 unless noted otherwise Most major indices closed the volatile week slightly lower, recovering from the largest sell-off in two years to begin the week, as recessionary fears and uneven earnings weighed on stocks. The S&P 500...
Stocks Move Lower as Labor Market Shows Signs of Cooling
Market Data as of Week Ending: 7/26/2024 unless noted otherwise Stock prices were mixed as the S&P 500 declined following varied results from corporate earnings and economic data. As we near the halfway point of this earnings season, the outlook remains favorable...
Stock Prices Mixed Despite Higher Economic Growth
Market Data as of Week Ending: 7/26/2024 unless noted otherwise Stock prices were mixed as the S&P 500 declined following varied results from corporate earnings and economic data. As we near the halfway point of this earnings season, the outlook remains favorable...
Investor Sentiment Takes Hold on Small and Value Factors
Market Data as of Week Ending: 7/19/2024 unless noted otherwise Stock prices were generally lower as the S&P 500 declined, notching its worst week in more than three months. The earnings outlook improved as consensus earnings growth expectations increased to 9.7%...
Stocks and Bonds Gain as Inflation Slows
Market Data as of Week Ending: 7/12/2024 unless noted otherwise Stock prices were generally higher as the S&P 500 reached new highs and market breadth expanded. The earnings outlook improved as consensus earnings growth expectations increased to 9.3% for the...
S&P 500 Hits New Highs Despite Lack of Breadth
Market Data as of Week Ending: 7/5/2024 unless noted otherwise Stock prices were mixed as the S&P 500 reached new highs despite a lack of market breadth. The earnings outlook remains optimistic, with forecasted earnings growth of 8.8% for the second quarter and...
Mixed Results for Stocks and Bonds
Market Data as of Week Ending: 6/28/2024 unless noted otherwise Stock prices were mixed as investors shifted their focus to the second half of the year. Investors rotated back into small caps, the only size segment to deliver a positive return as the S&P 500...
Stocks End the Week Higher as Breadth Increases
Market Data as of Week Ending: 6/21/2024 unless noted otherwise Most major equity indices ended the shortened trading week higher despite end-of-week softness. Year-to-date size and style trends reversed as breadth increased. Mid-cap stocks outperformed large-cap, and...








