U.S. stocks come back after Memorial Day Weekend poised to finish May with their second best monthly performance of 2016. The S&P 500 Index, as of Friday, May 27, has gained nearly 2% this month on the back of positive economic data and an increased likelihood of the Federal Reserve (“Fed”) hiking interest rates again in either June or July. ... Read More
U.S. Stocks broke their losing streak last week gaining 0.35%, while on the international front developed markets, with a weekly gain of 0.33%, outpaced their emerging market counterparts which fell 1.32% ... Read More
Positive reports on retail sales, producer prices and consumer sentiment were not enough to stave off a decline in stock prices at the end of the week as the Dow Jones Industrial Average (DJIA) finished Friday down 185 points to a closing level of 17535. Friday’s sell-off was widespread as all 10 sectors of the S&P 500 index (S&P 500) finished lower for the day. ... Read More
Stocks posted a second consecutive week of losses in the five day trading period that ended Friday. U.S. Stocks* lost 0.3%, International developed equities* lost nearly 3% and Emerging Markets* fell 4.1%. For the year, emerging markets continue to be the strongest geographical group with a gain of nearly 2% for the year, followed by U.S. stocks which are up 1.4% ... Read More
Stocks took a step back last week on the back of the Federal Reserve’s April 27 rate decision and statement release. U.S. companies* declined 1.2%, developed international stocks* dropped 0.4% and emerging market equities* gave back 0.6% ... Read More