LAST WEEK Stocks finished sharply higher on the week as the S&P posted its largest weekly advance since June of 2019. The S&P was led higher by all sectors except for Utilities, over the five-day session as the risk-on tone gripped U.S. markets. There were multiple factors attributed to the week’s bounce, which included: Coronavirus…
LAST WEEK U.S. equities closed lower for a second straight week led by Energy, Materials, Healthcare, Communication Services, Industrials, & Technology as the S&P 500 saw back-to-back weekly declines of over 1% for the first time since late last August. The Energy sector was the worst performing sector for a fourth consecutive week as crude…
LAST WEEK U.S. equities finished lower on a shortened week as investors continued to assess the potential impact of the ongoing Coronavirus outbreak. The retreat in equities primarily came on Friday when the S&P 500 fell .90%, to close down 1.03%, its worst day since October 8, 2019. Despite the recent bout of volatility, the…
LAST WEEK U.S. equities finished mostly higher this week with Technology names leading the way as the best performer with leadership from hardware and software stocks. While the tech-heavy Nasdaq failed to extend its streak of new highs on Friday, the index market cap managed to trade at more than 50% of the S&P 500…
LAST WEEK U.S. equities were mixed last week with the Dow falling .04%, SPX .16%, and Nasdaq bucking the trend ending up .16%. Small caps underperformed broader markets with the Russell 2000 experiencing its worst week in nearly three months. The decline in the S&P 500 ended its five-week winning streak as most sectors finished…