Weekly 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%.
Read MoreWeekly Market Review – August 9, 2021
U.S. Markets: U.S. stocks recorded solid gains for the week and several indices hit record highs. The Dow Jones Industrial Average rose 273 points finishing the week at 35,209, a gain of 0.8%. The NASDAQ retraced all of last week’s decline by rising 1.1% to close at 14,836. By market cap, the large cap S&P 500 rose 0.9%, while the mid cap S&P 400 and small cap Russell 2000 gained 0.5% and 1.0%, respectively.
Read MoreWeekly Market Update – August 2, 2021
U.S. Markets: The major U.S. indexes finished the week mixed. The large-cap benchmarks and technology-focused Nasdaq Composite managed record highs before pulling back late in the week, while the mid cap S&P 400 index and small-cap Russell 2000 broke a string of underperformances and recorded gains. The Dow Jones Industrial Average finished the week down -126 points to 34,935, a decline of -0.4%. The NASDAQ retraced some of last week’s gain giving up -1.1% to 14,673. By market cap, the large cap S&P 500 retreated -0.4%, while mid caps and small caps rose 1.2% and 0.8%, respectively.
Read MoreWeekly Market Update – July 26, 2021
U.S. Markets: U.S. stocks ended the week higher, rebounding from a sharp sell-off on Monday. The advance was somewhat narrow, with much of the gains concentrated in technology and internet-related giants. The Dow Jones Industrial Average finished the week up 374 points to 35,062—a gain of 1.1%. The technology-heavy NASDAQ Composite powered ahead 2.8% to 14,837. By market cap, the large cap S&P 500 rose 2.0%, while the mid cap S&P 400 and small cap Russell 2000 each rose 2.1%.
Read MoreWeekly Market Update – July 19, 2021
U.S. Markets: The major U.S. indexes finished the week lower, but the large cap S&P 500 and NASDAQ Composite hit new intraday highs mid-week before falling back. The small-cap Russell 2000 underperformed for a third consecutive week. The Dow Jones Industrial Average shed 182 points finishing the week at 34,688—a decline of -0.5%. The technology-heavy NASDAQ retraced all of last week’s gain ending the week down -1.9%. By market cap, the large cap S&P 500 retreated -1.0%, while the mid cap S&P 400 and small cap Russell 2000 indexes experienced much larger declines of -3.3% and -5.1%, respectively.
Read MoreWeekly Market Update – July 12, 2021
U.S. Markets: The major U.S. benchmarks closed the week mixed, with large caps and growth stocks outperforming for a second week. The Dow Jones Industrial Average finished the week up 84 points to 34,870, a gain of 0.2%. The technology-heavy NASDAQ Composite rose 0.4%. By market cap, the large cap S&P 500 gained 0.4%, while the midcap S&P 400 and small cap Russell 2000 retreated -0.1% and -1.1%, respectively.
Read MoreWeekly Market Update – July 5, 2021
U.S. Markets: The benchmark S&P 500 large cap index and technology-heavy NASDAQ Composite moved to new highs and closed out a fifth consecutive quarterly advance this week. The Dow Jones Industrial Average added 353 points finishing the week at 34,786, a gain of 1%. The NASDAQ, likewise, finished the week up 1.9%. By market cap, the S&P 500 added 1.7%, while the mid cap S&P 400 and small cap Russell 2000 retreated -0.6% and -1.2%, respectively.
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