Highlights U.S. equities touched new YTD lows on Friday, suffering their worst September in nearly 2 decades. Quarterly, the S&P 500 finished down 5.28%, while the Nasdaq and Dow Jones closed lower by 4.11% and 6.66%. In their 3rd straight month of losses, which hasn’t occurred since 2008. Tech was the worst performing sector with…
Highlights • US markets pulled back with all major benchmarks finishing lower by at least 4.0%, with the Fed’s updated policy path being major catalyst. It is the 5th decline in the last 6 weeks for major indices. • The 2-year treasury yield broke above its 11-year high to trade as high as 4.25%. Similarly,…
Highlights All major indices were down at least 4.1% last week amid a hotter-than-expected CPI report. In fact, the S&P 500 index booked its worst session in over 2 years on Tuesday as the Volatility index surged as high as 28 intraday. • Headline and core CPI both rose with core up to 6.3%y/y…
Download highlights US equities finished lower for a 3rd straight week, with the Russell 2K declining 4.74%, followed by the Nasdaq (4.21%), and S&P 500 (3.29%). With the risk-off tone underpinning markets, the S&P 500 has now declined 8.8% since topping. 4,300 on August 16th amid fears a more aggressive Federal Reserve may send the…