Weekly Market Update – April 4, 2022
U.S. Markets: The major U.S. indexes ended the week mixed, with stock prices fluctuating over the week in apparent response to the evolving situation in the war in Ukraine. The Dow Jones Industrial Average ticked down just -0.1% to 34,818, while the NASDAQ finished the week up 0.7% to 14,262. The large cap S&P 500 ticked up 0.1%, mid caps ticked down -0.1% and the small cap Russell 2000 finished the week up 0.6%.
Read MoreWeekly Market Update – March 28, 2022
U.S. Markets: The major U.S. benchmarks ended the week mostly higher, with the large cap S&P 500 index hitting its highest level since February 10. The Dow Jones Industrial Average rose 0.3% to close at 34,861, while the technology‑heavy NASDAQ Composite rallied 2.0% to 14,169. By market cap, the S&P 500 added 1.8%, while the mid‑cap S&P 400 ticked up 0.2%. The small cap Russell 2000, however, bucked the trend and shed -0.4%.
Read MoreWeekly Market Update – March 21, 2022
U.S. Markets: U.S. stocks moved sharply higher for the week, ending a two-week losing streak and reclaiming much of the ground lost over the past month. Gains were spread across the major indexes, with the tech-heavy Nasdaq Composite staging the biggest rally. The Dow Jones Industrial Average rallied 1,811 points, finishing the week at 34,755—a gain of 5.5%, while the NASDAQ Composite surged 8.2% closing at 13,894. By market cap, the large cap S&P 500 rallied 6.2%, while the mid cap S&P 400 gained 5.3%. The small cap Russell 2000 ended the week up 5.4%.
Read MoreWeekly Market Update – March 14, 2022
U.S. Markets: The major U.S. equity benchmarks moved lower for a second week in extremely volatile trading. The Dow Jones Industrial Average shed 671 points finishing the week at 32,944, a decline of -2%. At its low point this week, the large cap S&P 500 was roughly 14% off its high. At its intraday low on Tuesday, the technology-heavy NASDAQ Composite fell into “bear market” territory, defined as a 20% decline below its recent peak. The NASDAQ fell a further -3.5% last week, following a -2.8% decline the week before. By market cap, the large cap S&P 500 declined ‑2.9%, the mid cap S&P 400 ended the week down -1.7%, and the small cap Russell 2000 closed down ‑1.1%.
Read MoreWeekly 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.
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