Markets in Brief: Investors have had a lot to grapple with over the last 30 days. After President Trump’s “Liberation Day” announcement on April 2nd, the S&P 500 dropped 10.73% over three days—the biggest decline since the COVID-19 crash in 2020. However, when a 90-day pause on the reciprocal tariffs was announced, the market seemed […]
Markets in Brief: Major US indices sold off and moved lower during March, with the S&P 500 suffering its biggest monthly decline since December 2022. The Magnificent 7 (the seven largest companies in the US) were an outsized drag on technology stocks in a rare stretch of underperformance relative to the market, resulting in an […]
Markets in Brief: Major U.S. indices ended lower for the month, with both the Nasdaq and Russell 2000 underperforming the S&P 500. Big tech was mostly lower with GOOGL -16.5%, TSLA -27.6%, and AMZN -10.8% while NVDA +3.9% ended in the green despite a post-earnings selloff. These names have traded at very expensive valuation premiums to the […]
Markets in Brief: U.S. equities ended January higher to start the year on a positive note after a bumpy end to 2024. The S&P 500 reached another new record high, while small cap stocks (generally understood as public companies with market capitalization of $2B or less) had a solid month as well. After yields had […]
Markets in Brief: U.S. equities ended December mostly lower after the rally in November. Technology companies outperformed (specifically the Nasdaq index) despite Nvidia’s relative weakness (-2.8%), while smaller companies struggled as measured by the Russell 2000 index from interest rates moving higher again. The dollar index strengthened 2.6% on the back of higher interest rates […]
Markets in Brief: In November, U.S. equities rallied and finished higher for the ninth time in the last eleven months. The S&P 500 ended the month up 26.5% for the year, on track for consecutive annual gains of at least 20% for the first time since 1998. The dollar rallied on the back of the […]
Markets in Brief: In October, U.S. equities finished lower as the S&P 500 broke a streak of five-straight monthly gains, while the Technology-heavy Nasdaq index was lower for the first time in three months. The big story of the month was the backup in Treasury yields as the market priced in a potential Trump election […]
Markets in Brief: In September, U.S. equities finished higher with the S&P 500 and the Dow Jones both up for a fifth straight month, with the former up over 20% YTD along with the tech-heavy Nasdaq index. While stocks were mostly higher over the month, things got off to a rough start with the S&P […]