Mid-Week Market Minute 05.25.22
Stocks resumed their downward trajectory alongside elevated volatility as markets digested softer-than-expected data on the economic front. Shares of Snapchat’s parent company, Snap, plummeted on Tuesday after the company cautioned investors they likely would miss top and bottom-line earnings guidance amid a weaker macroeconomic environment. This spilled into the broader market in general, with technology […]
Market Recap – Week ended May 20
Overview: Stocks were mixed across the world last week as investors evaluated softer consumer demand, persistent inflation, and slowing economic growth. In the U.S., the S&P 500 index fell 3.0%, declining for the seventh week in a row. International stocks fared better, with international developed stocks (MSCI EAFE) and emerging market stocks (MSCI EM) up […]
Mid-Week Market Minute 05.18.22
Stocks around the globe stabilized in early trading this week after weathering a steep sell-off last week, fueled by the ongoing uncertainty surrounding inflation and the future path of monetary policy. International developed and emerging markets lead the way with the MSCI Emerging Markets Index more than 2.5% higher mid-week. In China, improving COVID-19 trends […]
Market Recap – Week Ending 05.13.22
Market Recap – Week ended May 13 Overview: Stocks across the globe were lower last week, as markets continue to be challenged by a global economic slowdown given the COVID-19 lockdowns in China, the Russia-Ukraine war, and persistent inflation. In the U.S., the S&P 500 index was 2.4% lower on the week. On the inflation […]
Mid-Week Market Minute 05.11.22
Stocks in the U.S. traded sharply lower this week as inflationary pressures continued to mount. Overseas, international stocks fared slightly better, with China’s Shanghai index flat for the week. Investor sentiment appears to be improving in China, fueled by positive developments on the mainland’s COVID situation. On Wednesday, Shanghai’s government announced eight districts have “contained […]