by NelsonCorp Wealth Management | Aug 14, 2023 | Weekly Market Thoughts
OVERVIEW It was a mixed bag of results for the major U.S. stock indices last week. While the tech-heavy Nasdaq fell 1.9%—its second straight weekly decline—the Dow rose 0.62%, its fourth weekly gain in the past five weeks. The S&P 500 ended somewhere in the...
by NelsonCorp Wealth Management | Aug 7, 2023 | Weekly Market Thoughts
OVERVIEW The U.S. stock market slid last week as volatility picked up on Wall Street. The VIX index, a measure of stock market volatility, surged more than 28% to a level of 17.10. The Dow posted a weekly decline of around 1%, and the S&P 500 and Nasdaq...
by NelsonCorp Wealth Management | Jul 31, 2023 | Weekly Market Thoughts
OVERVIEW U.S. stocks were in the green once again last week. The S&P 500 posted its third weekly gain in a row, rising about 1%, and the Nasdaq added about 2%. The Dow ended its 13-day winning streak on Thursday but still finished the week higher by about...
by NelsonCorp Wealth Management | Jul 24, 2023 | Weekly Market Thoughts
OVERVIEW The Dow and the S&P 500 posted their second weekly gain in a row last week, increasing 2.08% and 0.69%, respectively. The Nasdaq, however, finished the week lower by 0.57%. Earnings season is well underway in the U.S., and solid results for many of...
by NelsonCorp Wealth Management | Jul 17, 2023 | Weekly Market Thoughts
OVERVIEW The major U.S. stock indices climbed around 2% to 3% last week, regaining ground lost in the previous week. The S&P 500 rose 2.42%, and the Nasdaq surged 3.32%, marking a 15-month high for both indices. Overseas, returns were even better, with...
by NelsonCorp Wealth Management | Jul 10, 2023 | Weekly Market Thoughts
OVERVIEW The major U.S. stock indices failed to maintain last week’s positive momentum as the S&P 500 and the NASDAQ slipped around 1%, and the Dow fell nearly 2%. The S&P 600 index of small-cap stocks also dropped about 1.4%. Most of the declines came...