Market Recap – Week Ending 07.09.21

Market Recap – Week Ending 07.09.21 Overview: Stock markets were mixed last week, as the increase in the COVID-19 Delta variant took center stage and concerns around the global recovery emerged. The Delta variant now comprises a majority of new cases, and virus concerns led Japan to declare a state of emergency in Tokyo before […]

Mid-Week Market Minute – 07.07.21

Stocks around the globe traded lower following the long holiday weekend. Treasuries caught a bid higher amid the “risk-off” trade, with the yield on the 10-year Treasury note hovering around 1.33% mid-week. Chinese ride-hailing company Didi dropped more than 20% on Tuesday after Chinese officials ordered the ride-hailing giant’s platform be removed from mobile app […]

Market Recap – Week Ending 07.02.21

Overview: Stocks around the world were mixed last week, as U.S. equities recorded new highs while international stocks fell. For the week, the S&P 500 index was up 1.7%, on the heels of higher government growth estimates and improved employment numbers. In contrast, international stocks fell, as new COVID-19 restrictions and the spread of the […]

Mid-Week Market Minute 06.30.21

As markets enter the final trading day of June and the second quarter, the S&P 500 is on track to register its fifth consecutive month of gains. The three biggest winners in the Dow this year so far are Goldman Sachs, American Express, and Walgreens Boots Alliance, all up more than 30% (CNBC). The technology […]

Market Recap – Week Ending 06.25.21

Overview: Stocks were higher around the world last week, led by a bipartisan agreement in the U.S. on a revised infrastructure package. As currently proposed, the plan will inject $1.2 trillion into infrastructure over eight years. Spending would include $312 billion for transportation projects, $65 billion for broadband services, and $55 billion for waterways. The […]