Mixed Sentiment

Mixed Sentiment

OVERVIEW   The U.S. stock market had a down week, with the S&P 500 Index falling 0.69%, the Nasdaq Composite dropping 1.57%, and the Dow Jones Industrial Average down just 0.01%. Foreign stocks, on the other hand, were up for the week. The MSCI EAFE Index of...
Confirmation

Confirmation

OVERVIEW   The best week since June. That’s what the U.S. stock market delivered last week, as investors embraced the prospect of falling inflation and a potential deceleration in the Fed’s rate hike cycle. The S&P 500 Index of large-cap U.S. stocks surged...
Trust but Verify

Trust but Verify

OVERVIEW   The Dow Jones Industrial Average rose 5.7% last week, capping its fourth consecutive week of gains and its best four-week stretch since April 2020. The S&P 500 Index rose 4%, notching its best two-week period since November 2020. And pulling up the...