Weekly Market Update – March 7, 2022
U.S. Markets: U.S. stocks ended lower after a volatile week, as investors continued to assess the crisis in Ukraine. The Dow Jones Industrial Average shed 444 points to close at 33,615, a decline of -1.3%. The technology-heavy NASDAQ Composite fared the worst with a -2.8% decline. By market cap, the large cap S&P 500 retreated -1.3%, while the mid cap S&P 400 pulled back -1.7% and the small cap Russell 2000 ended the week down -2.0%.
Read MoreWeekly Market Update – February 28, 2022
U.S. Markets: The major U.S. indexes finished the week mostly higher after a holiday-shortened week of historic volatility. On Thursday, the Nasdaq Composite Index had an intraday swing of 6.8%, the largest intraday range since the World Health Organization declared the start of the coronavirus in March 2020. The Dow Jones Industrial Average ended the week down just 20 points to 34,059, a decline of -0.1%. The Nasdaq rebounded after two weeks of declines closing up 1.1% to 13,695. By market cap, the large cap S&P 500 finished up 0.8%, the mid cap S&P 400 gained 1.1%, and the small cap Russell 2000 rallied the most, finishing up 1.6%.
Read MoreWeekly Market Update – February 22, 2022
U.S. Markets: The large-cap benchmarks experienced their second consecutive week of declines as worries over the conflict in Ukraine and high inflation continued to weigh on investor sentiment. The Dow Jones Industrial Average shed 659 points finishing the week at 34,079 – a decline of -1.9%. The technology-heavy NASDAQ Composite ended the week down -1.8% to 13,548. By market cap, the large-cap S&P 500 gave up -1.6%. The mid-cap S&P 400 and small-cap Russell 2000 ended down -0.6% and -1%, respectively.
Read MoreWeekly Market Update – February 14, 2022
U.S. Markets: Another volatile week in the U.S. markets; the large-cap indexes ended the week lower, but the S&P Midcap 400 and small-cap Russell 2000 recorded modest gains. The Dow Jones Industrial Average shed 352 points finishing the week at 34,738—a decline of 1%. The technology-heavy Nasdaq Composite fared the worst and ended the week down -2.2% remaining in a correction, defined as a 10% decline from a recent peak. By market cap, the large cap S&P 500 declined -1.8%, while mid caps added 0.9% and small caps rose 1.4%.
Read MoreWeekly Market Update – February 7, 2022
U.S. Markets: U.S. equity markets remained volatile but recorded overall gains for the second consecutive week. Breaking with its pattern of value outperforming growth since November, growth and value shares performed similarly and mid and small-caps outperformed large caps. The Dow Jones Industrial Average added 364 points last week closing at 35,090—a gain of 1.0%. The technology-heavy NASDAQ rose 2.4% to 14,098. By market cap, the large cap S&P 500 added 1.5%, while the mid-cap S&P 400 and small-cap Russell 2000 each added 1.7%.
Read MoreWeekly Market Update – January 31, 2022
U.S. Markets: Strong gains going into Friday’s market close lifted the large-cap benchmarks higher for the week, but not before most of the major indexes had moved temporarily into “correction” territory (down more than 10% from recent highs). The Dow Jones Industrial Average rallied 460 points finishing the week at 34,725, a gain of 1.3%. The technology-heavy NASDAQ Composite ticked up 2 points to 13,771, essentially unchanged for the week. By market cap, the large cap S&P 500 rose 0.8%, but the mid cap S&P 400 index fell -0.6% and the small cap Russell 2000 index brought up the rear at -1.0%. The Russell 2000 is nearly -20% from its November peak—just shy of an official bear market.
Read MoreWeekly Market Update – January 24, 2022
U.S. Markets: Rising interest rates and concerns over slowing economic growth pushed the benchmark S&P 500 index to its biggest decline in more than 14 months. The Dow Jones Industrial Average fell for a third consecutive week shedding 1,646 points and finishing the week at 34,265—a decline of -4.6%. The technology-heavy NASDAQ Composite slumped 7.6%–its biggest weekly drop since the start of the pandemic. By market cap, the large cap S&P 500 declined -5.7%, while the mid cap S&P 400 pulled back -6.8%. The small cap Russell 2000 finished the week down ‑8.1%.
Read MoreWeekly Market Update – January 17, 2022
U.S. Markets: The major U.S. indexes recorded their second consecutive week of losses to start the year and the technology-heavy NASDAQ Composite its third. The Dow Jones Industrial Average fell -320 points to close at 35,912—a decline of -0.9%. The NASDAQ Composite ended the week down -0.3% to 14,894. By market cap, the large cap S&P 500 gave up -0.3%, the mid cap S&P 400 shed -0.4% and the small cap Russell 2000 finished down -0.8%.
Read MoreWeekly Market Update – January 10, 2022
U.S. Markets: U.S. stocks continued pulling away from their record highs as significantly higher interest rates took a toll on growth and technology stocks. The technology-heavy NASDAQ Composite shed over 700 points finishing the week at 14,936—a decline of -4.5%. The Dow Jones Industrial Average held up the best giving up just 0.3% and closing at 36,232. By market cap, the large cap S&P 500 closed down -1.9%, while the mid cap S&P 400 shed -1.7%. The small cap Russell 2000 ended the week down -2.9%.
Read MoreWeekly Market Update – January 3, 2022
U.S. Markets: Most of the major U.S. indexes recorded gains for the week, as a “Santa Claus rally” lifted the S&P 500 index to record highs. The Dow Jones Industrial Average rose 388 points in the last week of 2021 finishing the year at 36,388—a gain of 1.1%. The technology-heavy NASDAQ Composite lagged and ticked down -0.1% to 15,645. By market cap, the large cap S&P 500 rose 0.9%, the mid cap S&P 400 added 1.7%, and the small cap Russell 2000 gained 0.2%.
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