Weekly Update – Week of May 30th

The markets marched ahead last week with the S&P 500 and the NASDAQ reporting all-time records, albeit just slightly above previous highs.[i] The S&P rose 1.43% over last week, while the NASDAQ was up 2.08%.[ii] The Dow gained 1.32% and the MSCI EAFE gained...

Weekly Update – Week of May 23rd

Early last week, both the S&P and NASDAQ recorded all-time highs before tumbling along with the Dow as political concerns rose.[i] By Friday, though, the markets had largely rebounded and steadied. The S&P 500 closed the week down 0.38%, the Dow saw a 0.44%...

Weekly Update – Week of May 16th

Markets tuned out noise from Washington last week and continued to focus on economic fundamentals. Mildly rebounding retail sales and strong consumer sentiment seem to point toward a modestly stronger second quarter.[i] After a three-week winning streak, both the Dow...

Weekly Update – Week of May 8th

Last week, stocks rose but floated within a narrow trading range. By Friday, however, both the S&P 500 and the NASDAQ reached record highs.[i] For the week, the S&P 500 gained 0.63%, the Dow finished up 0.32%, and the NASDAQ rose 0.88%.[ii] The MSCI EAFE added...

Weekly Update – Week of May 1st

Stocks continued their advance on generally strong earnings reports this week despite the GDP report showing a slow first quarter economy. The S&P 500 rose 1.51%, the Dow gained 1.91%, and the NASDAQ added 2.32%.[1] On Tuesday, the NASDAQ posted record highs as it...