Market Recap – Week Ending 06.04.21
Overview: Stocks were marginally higher across the world last week, as accommodative monetary policy and fiscal stimulus continues to fuel markets across the globe. Emerging markets led the way, with the MSCI EM index up 1.6%, while international developed stocks were up 0.7%. In the U.S., the S&P 500 index rose 0.6% over the past […]
Market Recap – Week Ending 05.28.21
Overview: Stocks were positive across the globe last week, as positive earnings and economic data continued to fuel the economic recovery. On the earnings front, 97% of S&P 500 companies have reported first-quarter earnings, with earnings on pace to rise 50% from a year ago, the biggest increase since 2010. 86% of companies have topped […]
Market Recap – Week ending 05.21.21
Overview: Stocks were mixed across the globe last week, with international stocks notching positive returns, and U.S. stocks ending the week lower. Emerging market equities (MSCI EM) led the way with a 1.8% return while international developed stocks (MSCI EAFE) notched a positive 1.1% return. In the U.S., inflation concerns continued to be a focus […]
Market Recap – Week ending 05.14.21
Overview: Volatility continued in the global markets last week as inflation concerns pressured stocks. Stronger-than-expected U.S. inflation data and oil supply disruption in a crucial U.S. pipeline were keys that drove stocks lower, with the S&P 500 index finishing the week down -1.4%. On the inflation front, core consumer prices (CPI) rose 0.8% month-over-month (4.2% […]
Market Recap – Week ending 05.07.21
Overview: Major stock indices traded higher last week, despite a disappointing jobs report on Friday. In the U.S., the S&P 500 index was up 1.3%, with international developed stocks (MSCI EAFE) 2.6% higher for the week. In bonds, interest rates were lower, as markets reacted to the Federal Reserve reiterating its commitment to its accommodative […]