Tag: NASDAQ

A Directionless Week- Weekly Market Update

April 26, 2021 | By Steven DiGregorio

Weekly Market Insights The crosscurrents of strong corporate earnings, rising global cases of COVID-19, and the specter of higher capital gains taxes led to a choppy week of trading that left stock prices slightly lower for the week. The Dow Jones Industrial Average lost 0.46%, while the Standard & Poor’s 500 slipped 0.13%. The Nasdaq […] READ MORE


Technology Leads- Weekly Market Update

April 12, 2021 | By Steven DiGregorio

Weekly Market Insights Strong economic data and a resurgent technology sector propelled stocks to solid gains last week. The Dow Jones Industrial Average advanced 1.95%, while the Standard & Poor’s 500 picked up 2.71%. The tech-heavy Nasdaq Composite index gained 3.12%. The MSCI EAFE index, which tracks developed overseas stock markets, gained 1.96%.1,2,3 Technology Leads […] READ MORE


Rising Yields- Weekly Market Update

March 22, 2021 | By Steven DiGregorio

Weekly Market Insights Rising bond yields and improving economic conditions led to a choppy week of trading that ended in modest losses for investors. The Dow Jones Industrial Average fell 0.46%, while the Standard & Poor’s 500 declined 0.77%. The Nasdaq Composite index lost 0.79% for the week. The MSCI EAFE index, which tracks developed […] READ MORE


Dow 32,000- Weekly Market Update

March 15, 2021 | By Steven DiGregorio

Weekly Market Insights Stocks touched new record highs last week as bond yields steadied, a fiscal relief bill was signed into law, and confidence in a strong economic recovery grew. The Dow Jones Industrial Average gained 4.07%, while the Standard & Poor’s 500 tacked on 2.64%. The Nasdaq Composite index rose 3.09% for the week. […] READ MORE


Rising Rates Derail Stocks- Weekly Market Update

March 1, 2021 | By Steven DiGregorio

Market Insights Stocks dropped amid rising long-term bond yields, with sharp declines in high-valuation growth stocks leading the overall market lower. The Dow Jones Industrial Average slipped 1.78%, while the Standard & Poor’s 500 declined 2.45%. The Nasdaq Composite index, home to many high-valuation growth plays, fell 4.92% for the week. The MSCI EAFE index, […] READ MORE


Bull Market Takes a Breater- Weekly Market Update

February 1, 2021 | By Steven DiGregorio

Weekly Market Insights Despite strong corporate earnings, stock prices closed lower after a volatile week of trading triggered by unprecedented activity in a handful of companies. The Dow Jones Industrial Average lost 3.27%, while the Standard & Poor’s 500 fell 3.31%. The Nasdaq Composite index dropped 3.49% for the week. The MSCI EAFE index, which […] READ MORE


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