Profit Taking

Profit Taking

OVERVIEW   Markets were mixed last week, with sharp rotation beneath the surface. The S&P 500 slipped 0.10%, while the Dow rose 2.50%. The NASDAQ fell 1.84% after a tech-led selloff earlier in the week, though a rebound on Friday helped stabilize sentiment....
The Balance of Risk

The Balance of Risk

OVERVIEW   Markets pulled back modestly over the week, with most U.S. equity indexes finishing slightly lower. Large-cap stocks were under mild pressure, as the S&P 500 fell 0.35% and the Dow Jones Industrial Average declined 0.53%. The NASDAQ was essentially...
Deep Bench

Deep Bench

OVERVIEW   Markets pulled back modestly during the week, with mixed results across major asset classes. Large-cap U.S. equities were under mild pressure, as the S&P 500 declined 0.38% and the NASDAQ fell 0.66%. The Dow Jones Industrial Average slipped 0.29%,...
Evidence From the Bull Pen

Evidence From the Bull Pen

OVERVIEW   Markets opened the new year on a constructive note, with broad-based gains across most major asset classes. U.S. equities moved higher, led by cyclical and value-oriented areas. The Dow Jones Industrial Average rose 2.32% on the week, while the S&P...
Constructive, with Conditions

Constructive, with Conditions

OVERVIEW   Markets pulled back modestly during the first week of the new year, with U.S. equities generally lower across the board. Large-cap stocks led the decline, as the S&P 500 fell 1.03% and the NASDAQ dropped 1.52%. The Dow Jones Industrial Average...