Market Commentary – June 24th, 2024

Broad equity finished mostly higher for the short trading week. The S&P 500 was up for the week, gaining 0.61% The Dow Jones Industrial Average was up by 1.45% The Nasdaq Composite finished flat at 0.00% The 10-Year Treasury closed at 4.25% The week was relatively...

Market Commentary – June 17th, 2024

Markets were mixed for the week following a rate rally led by softer Consumer Price Index (CPI) numbers and a Fed decision to leave rates unchanged: The S&P 500 was up near-record levels for the week, gaining 1.58% The Dow Jones Industrial Average fell by 0.54%...

Market Commentary – June 10th, 2024

Broad equity finished higher for the week in spite of a stronger-than-expected jobs report. The S&P 500 was up near-record levels for the week, gaining 1.32% The Dow Jones Industrial Average was up by 0.29% The Nasdaq Composite finished higher by 2.38% The 10-year...

Market Commentary – June 3rd, 2024

With concerns over a cooling gross domestic product (GDP) number, broad equity indices were down for the week. The S&P 500 turned negative, falling 0.51% The Dow Jones Industrial Average was down by 0.98% The Nasdaq Composite finished lower by 1.10% The 10-Year...