Weekly Market Update – March 15, 2021
U.S. Markets U.S. stocks moved broadly higher for the week, lifting most of the major benchmarks to new record highs. The Dow Jones Industrial Average rallied almost a thousand points finishing the week at 32,778, a 4.1% gain. The technology-heavy NASDAQ Composite added 3.1% closing at 13,319. By market cap, the large cap S&P 500 added 2.6%, while the mid-cap S&P 400 and small-cap Russell 2000 rose by 5.3% and 7.3%, respectively.
Read MoreWeekly Market Update – March 8, 2021
U.S. Markets: The major U.S. benchmark indexes finished the week mixed as longer-term interest rates continued to climb. The rise in rates weighed on growth stocks, while value stocks managed gains. The Dow Jones Industrial Average climbed 564 points finishing the week at 31,496—a gain of 1.8%. The technology-heavy NASDAQ Composite declined a third consecutive week giving up -2.1%. By market cap, the large cap S&P 500 added 0.8%, while the mid cap S&P 400 rose 0.7% and the small cap Russell 2000 declined -0.4%.
Read MoreWeekly Market Update – March 1, 2021
U.S. Markets: The major U.S. benchmarks pulled back sharply in response to a steep rise in longer-term treasury interest rates. The S&P 500 recorded its biggest weekly decline in a month, while the technology-heavy NASDAQ Composite suffered its worst drop since October. The narrowly-focused Dow Jones Industrial Average shed 562 points finishing the week at 30,932, a decline of -1.8%. The NASDAQ Composite ended the week down -4.9%. By market cap, the large cap S&P 500 declined -2.4%, while the mid cap S&P 400 and small cap Russell 2000 retreated -1.5% and 2.9%, respectively.
Read MoreWeekly Market Update – February 22, 2021
U.S. Markets: The major U.S. indexes finished the week mostly to the downside with the large-cap benchmarks and technology-heavy NASDAQ Composite index hitting record intraday highs before falling back. The Dow Jones Industrial Average ticked up 0.1% to 31,494, its third consecutive week of gains. The NASDAQ reversed most of last week’s gain finishing down -1.6%. By market cap, the large cap S&P 500 gave up -0.7%, while the mid cap S&P 400 and small cap Russell 2000 retreated -0.4% and -1.0%, respectively.
Read MoreWeekly Market Update – February 14, 2021
U.S. Markets: The major U.S. indexes notched a second week of gains and reached record highs as the rollout of coronavirus vaccines continued and case trends extended their decline. The Dow Jones Industrial Average added 310 points to close at 31,458, a gain of 1.0%. The technology-heavy NASDAQ Composite gained 1.7% finishing at 14,095. By market cap, the large cap S&P 500 rose 1.2%, while the mid cap S&P 400 and small cap Russell 2000 extended their lead over large caps, adding 2.7% and 2.5%, respectively.
Read MoreWeekly Market Update – February 7, 2021
U.S. Markets: The major U.S. equity benchmarks rebounded from the previous week’s steep losses, helped by plans for a new fiscal stimulus and improving vaccine distribution. The large-cap S&P 500, Nasdaq Composite, and small-cap Russell 2000 indexes all reached record highs. The Dow Jones Industrial Average soared over 1100 points finishing the week at 31,138, a gain of 3.9%. The technology-heavy NASDAQ surged 6% to 13,856. By market cap, the large cap S&P 500 added 4.6%, while the mid cap S&P 400 and small cap Russell 2000 rallied 5.8% and 7.7%, respectively.
Read MoreWeekly Market Update – January 29, 2021
U.S. Markets: Stocks declined sharply last week amid much higher volatility and trading volumes. Large caps held up marginally better than mid-cap and small-cap shares. The Dow Jones Industrial Average shed over 1000 points last week closing at 29,983 – a decline of 3.3%. The technology-heavy NASDAQ Composite gave up most of last week’s gains finishing down -3.5%. By market cap, the large cap S&P 500 fell -3.3%, while the mid-cap S&P 400 and small-cap Russell 2000 retreated -5.0% and -4.4% respectively.
Read More