U.S. Markets: U.S. stock benchmarks posted solid gains, despite another hike in interest rates and data showing the economy contracted for a second quarter. A “bad news is good news” dynamic seems to be in play, with investors betting that poor economic news may allow the Federal Reserve to return to a relatively easy monetary policy. The Dow Jones Industrial Average rose 946 points finishing the week at 32,845—a gain of 3.0%. Similarly, the technology-heavy Nasdaq Composite rallied 4.7% closing at 12,391. By market cap, the large cap S&P 500 and small cap Russell 2000 each rose 4.3% while the mid cap S&P 400 gained 4.8%.

U.S. Markets: Equity markets carried over their momentum from the end of last week as investors welcomed signs of fading inflationary pressures and decent corporate earnings.  Small-cap stocks and the technology-heavy NASDAQ Composite outperformed the other indices.  The Dow Jones Industrial Average added 611 points finishing the week at 31,899—a gain of 2%.  The NASDAQ retraced all of last week’s decline and then some closing up 3.3% to 11,834.  By market cap, the large cap S&P 500 gained 2.5%, while the mid cap S&P 400 rallied 4% and the small cap Russell 2000 ended the week up 3.6%.

U.S. Markets: Stocks remained volatile in relatively light trading, as investors absorbed inflation data and the beginning of second-quarter corporate earnings reports.  The Dow Jones Industrial Average ticked down -0.2% to 31,288, while the technology-heavy NASDAQ Composite declined -1.6% to 11,452.  By market cap the large cap S&P 500 declined -0.9%, while the mid cap S&P 400 gave up -0.7% and the small cap Russell 2000 ended the week down ‑1.4%.

U.S. Markets: U.S. equities erased much the previous week’s losses on optimism that the Federal Reserve will be able to slow inflation without tipping the economy into recession. The gains pulled the benchmark S&P 500 index out of bear market territory, leaving it down 19.1% from its January peak. The Dow Jones Industrial Average retraced most of last week’s decline, rising 0.8% to 31,338. The technology-heavy NASDAQ Composite rallied 4.6% and finished at 11,635. By market cap, the large cap S&P 500 added 1.9% while the mid cap S&P 400 and small cap Russell 2000 gained 1.1% and 2.4%, respectively.

U.S. Markets: Signs that inflation may be moderating amid slowing growth fueled stocks to a sharp rally this week, lifting the benchmark S&P 500 back out of bear market territory.  Nearly every sector in the index recorded strong gains, except energy.  The Dow Jones Industrial Average surged over 1600 points last week finishing at 31,501—a gain of 5.4%.  The technology-heavy NASDAQ Composite jumped 7.5% to 11,608.  By market cap, the large cap S&P 500 rallied 6.4%, while the mid cap S&P 400 gained 5.1% and the small cap Russell 2000 jumped 6.0%.

U.S. Markets: Signs that inflation may be moderating amid slowing growth fueled stocks to a sharp rally this week, lifting the benchmark S&P 500 back out of bear market territory.  Nearly every sector in the index recorded strong gains, except energy.  The Dow Jones Industrial Average surged over 1600 points last week finishing at 31,501—a gain of 5.4%.  The technology-heavy NASDAQ Composite jumped 7.5% to 11,608.  By market cap, the large cap S&P 500 rallied 6.4%, while the mid cap S&P 400 gained 5.1% and the small cap Russell 2000 jumped 6.0%.

U.S. Markets: The Federal Reserve’s most aggressive rate hike since 1994 raised fears of a recession and sent stocks sharply lower for a second consecutive week.  The benchmark S&P 500 index recorded its worst weekly decline since March 2020 and officially entered a bear market—defined as down more than 20% from a recent high.  All of the major benchmarks finished the week deep in the red.  The Dow Jones Industrial Average shed over 1500 points and gave up the 30,000-level closing at 29,889—a decline of -4.8%.  The technology-heavy NASDAQ Composite, likewise, ended the week down -4.8%.  By market cap, the large cap S&P 500 retreated -5.8%, while the mid-cap S&P 400 plunged -7.6% and the small cap Russell 2000 finished the week down -7.5%.

U.S. Markets: Major U.S. equity markets finished the week with steep losses despite strength early in the week.  The Dow Jones Industrial Average shed over 1500 points finishing the week at 31,393—a decline of -4.6%.  The technology-heavy NASDAQ plunged a deeper -5.6%.  By market cap, the large cap S&P 500 fared the worst declining ‑5.1%, while the mid cap S&P 400 fell -4.7% and the small cap Russell 2000 ended the week down -4.4%.

U.S. Markets: U.S. stocks surrendered a portion of the previous week’s strong gains as investors continued to question whether the Federal Reserve would be able to rein in inflation without causing a recession.  All of the major equity benchmarks finished the week to the downside.  The Dow Jones Industrial Average shed 313 points, finishing the week at 32,900, down -0.9%.  The technology-heavy NASDAQ Composite shed -1% and closed at 12,013.  By market cap, the large cap S&P 500 fared the worst, ending down -1.2%, while the mid cap S&P 400 retreated ‑0.7% and the small cap Russell 2000 finished down -0.3%. 

U.S. Markets: Wall Street continued its losing streak as fears grew that inflation was causing consumers to pull back on spending, setting the stage for an imminent recession.  At its lows on Friday, the S&P 500 was down roughly 20.9% from its January intraday high, exceeding the 20% threshold signifying a “bear market”.  The index’s biggest declines came on Wednesday, when it suffered its biggest daily loss since June 2020.  The Dow Jones Industrial Average shed almost 1000 points last week, declining -2.9% to 31,262.  The technology-heavy Nasdaq Composite declined for a seventh consecutive week giving up -3.8% finishing at 11,355.  By market cap, the large cap S&P 500 ended down -3.0%, while the mid cap S&P 400 index fell -1.9% and the small cap Russell 2000 finished the week down -1.1%.