Markets in Brief: May 2025 was a headline-filled yet positive month for U.S. markets. Investors felt cautiously optimistic thanks to easing trade tensions and strong company earnings, but worries about the national debt and government finances remained. The stock market had a great month: the S&P 500 had its best showing since November 2023, increasing […]
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 […]