Weekly Market Update – October 18, 2021
U.S. Markets: U.S. stocks built on the previous week’s gains, helped by some strong economic reports and positive earnings surprises. All of the major indexes finished solidly in the green. The Dow Jones Industrial Average rose 1.6% to finish the week at 35,295. The technology-heavy NASDAQ Composite rebounded 2.2%, closing at 14,897. By market cap, the large cap S&P 500 gained 1.8%, while the mid cap S&P 400 and small cap Russell 2000 finished up 2.2% and 1.5%, respectively.
Read MoreWeekly Market Update – October 11, 2021
U.S. Markets: Most of the major U.S. benchmarks recorded gains this week, with the large cap S&P 500 recovering a portion of last week’s losses. Energy stocks led the gains as natural gas prices reached record highs in Europe and major oil exporters decided not to increase production. The Dow Jones Industrial Average rose 420 points to finish the week at 34,746—a gain of 1.2%. The technology-heavy NASDAQ Composite ticked up 0.1% to 14,580. By market cap, the large cap S&P 500 finished the week up 0.8%, while the mid cap S&P 400 added 0.2% and the small cap Russell 2000 finished the week down -0.4%.
Read MoreWeekly Market Update – October 4, 2021
U.S. Markets: The Dow Jones Industrial Average declined -1.4% closing at 34,326. The technology-heavy NASDAQ declined -3.2% to 14,567. Large caps fell the most this week, with the S&P 500 falling -2.2%. The mid cap S&P 400 closed down -0.6%, while the small cap Russell 2000 declined -0.3%.
Read MoreWeekly Market Update – September 27, 2021
U.S. Markets: The major U.S. indexes overcame an early week sell-off, ending the week essentially flat to modestly higher. On Monday, the benchmark S&P 500 index recorded its biggest daily drop since early May. The Dow Jones Industrial Average rose 213 points last week finishing at 34,798—a gain of 0.6%. The technology-heavy NASDAQ Composite remained essentially flat, adding just 4 points to close at 15,048. By market cap, the large cap S&P 500 rose 0.5%, while the mid cap S&P 400 added 0.8% and the small cap Russell 2000 finished the week up 0.5%.
Read MoreWeekly Market Update – September 20, 2021
U.S. Markets: U.S. stocks ended the week mostly lower as investors weighed positive economic reports with concerns over global supply chains and an inevitable tightening in monetary policy. The small-cap Russell 2000 managed a slight gain, but the rest of the major indexes finished the week lower. The Dow Jones Industrial Average ticked down 0.1% to 34,585, while the technology-heavy NASDAQ Composite fell a half percent to 15,044. By market cap, the large cap S&P 500 gave up -0.6%, the mid cap S&P 400 fell -0.3%, and the Russell 2000 rose 0.4%.
Read MoreWeekly Market Update – September 13, 2021
U.S. Markets: The major U.S. indexes retreated over the holiday-shortened week; the small cap Russell 2000 index fared the worst among the indexes following two weeks of outperformance. The Dow Jones Industrial Average shed 761 points to finish the week at 34,608—a decline of -2.2%. The technology-heavy Nasdaq Composite gave up 248 points to 15,115—a decline of -1.6%. By market cap, the large cap S&P 500 retreated -1.7%, while the mid cap S&P 400 and Russell 2000 declined ‑2.7% and -2.8%, respectively.
Read MoreWeekly Market Update – September 6, 2021
U.S. Markets: The major U.S. indexes ended the week mixed after the S&P MidCap 400 index joined the large cap S&P 500 and NASDAQ Composite indexes in reaching new intraday highs this week. The real estate sector outperformed within the S&P 500 while financials lagged. The Dow Jones Industrial Average shed 87 points finishing the week at 35,369, a decline of -0.2%. The technology-heavy NASDAQ Composite finished the week up 1.5%. By market cap, the S&P 500 added 0.6%, the S&P 400 retreated -0.2%, and the small cap Russell 2000 finished up 0.7%.
Read MoreWeekly Market Update – August 30, 2021
U.S. Markets: The benchmark U.S. equity indexes finished the week to the upside with the technology-heavy NASDAQ Composite outperforming the broader market S&P 500 and narrowly-focused Dow Jones Industrial Average. The Dow Jones Industrial Average rose 336 points finishing the week at 35,456, a gain of 1%. The NASDAQ rallied 2.8% finishing at 15,130. By market cap, the large cap S&P 500 added 1.5%, while the mid cap S&P 400 gained 3.4%; the small cap Russell 2000 lead the pack by surging 5.1%.
Read MoreWeekly Market Update – August 23, 2021
U.S. Markets: U.S. stocks pulled back for the week, but not before the S&P 500 index reached a new record high on Monday afternoon, more than double its intraday low of 2,192 on March 23, 2020. The Dow Jones Industrial Average pulled back 395 points to finish the week at 35,120, a decline of -1.1%. The technology-heavy NASDAQ Composite retreated a second week, giving up -0.7%. By market cap, the large cap S&P 500 declined -0.6%, while the mid cap S&P 400 and small cap Russell 2000 ended down ‑2% and ‑2.5%, respectively.
Read MoreWeekly Market Update – August 16, 2021
U.S. Markets: U.S. markets were mixed, but the headline indices continued to gain ground as the market mostly shrugged off concerns about a renewed spread of the coronavirus. Within the benchmark S&P 500 index, value stocks outperformed their growth counterparts. The Dow Jones Industrial Average finished the week up 307 points closing at 35,515, a gain of 0.9%. The technology-heavy NASDAQ Composite ticked down -0.1% to 14,823. By market cap, the large cap S&P 500 added 0.7%, the mid cap S&P 400 gained 0.5% and the small cap Russell 2000 retreated ‑1.1%.
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