Market Week: May 24, 2021

The Markets (as of market close May 21, 2021) Stocks began last week mostly lower, pulled down by tech and consumer shares. Of the benchmark indexes listed here, only the Russell 2000 (0.1%) and the Global Dow (0.2%) were able to eke out gains. The Nasdaq dipped 0.4%, followed by the S&P 500, which lost…

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Market Week: May 17, 2021

The Markets (as of market close May 14, 2021) Tech and growth shares fell last Monday, as inflation worries drove stocks lower and commodity prices higher. The Dow (0.2%) and the Global Dow (0.5%) advanced, while the Russell 2000 and the Nasdaq each fell 2.6%. The S&P 500 lost 0.7%. Treasury yields and the dollar…

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Market Week: May 10, 2021

The Markets (as of market close May 7, 2021) Stocks opened generally higher last Monday, with only the Nasdaq (-0.5%) losing ground. The Dow closed up 0.7%, followed by the Global Dow (0.6%), the Russell 2000 (0.5%), and the S&P 500 (0.3%). Losses in consumer discretionary, communication services, real estate, and information technology were offset…

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Market Week: May 3, 2021

The Markets (as of market close April 30, 2021) Last Monday saw small caps and tech shares drive the Russell 2000 and the Nasdaq higher. Investors may have drawn encouragement from strong, first-quarter corporate earnings reports, solid economic data, and the expectation that the Federal Reserve will maintain its accommodative stance. Following the Russell 2000…

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Market Month: April 2021

The Markets (as of market close April 30, 2021) Stocks climbed higher in April on the heels of strong first-quarter corporate earnings reports and encouraging employment data. Vaccine distributions increased and several states relaxed COVID-related restrictions. More stimulus checks were given out, which encouraged consumer spending. Click here to view the full market update

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