U.S. equities rallied in the first quarter with the four major indexes up for a fourth straight quarter. The S&P 500 index notched an impressive 5.8% gain, coming from double-digit advances in energy, financials......
After months of outperformance from stocks of economically sensitive and reopening-levered companies, markets felt compelled to play defense this past week......
The equity markets were down a fraction this past week as they continue to adjust to higher bond yields. On the week, the Dow Jones Industrial Average lost 0.5%, to 32,627.97; the S&P 500 fell 0.8%, to 3913.10; and the Nasdaq Composite shed 0.8%......
Stability in bond yields earlier this past week allowed stocks to post a weekly advance. The Dow Jones Industrial Average rose five straight days, gaining almost 1,300 points, or 4.1%, closing at 32,778.64......
This past week was very similar to the week before, with a further rise in bond yields sending long-duration growth stocks lower and fueling short-duration value stocks higher......
We believe the February selloff in bonds and the rally in commodities validates the case for the world economy gradually healing. The marked increase in bond yields and oil prices represents a tax on growth......
Markets were closed in the U.S. for Presidents Day and in Canada for Family Day which resulted in stocks being down a fraction in the shortened week. Canadian equities fell 0.4% last week closing at 18,384.27......
All three U.S. stock indexes closed the week at record highs, fueled by Covid stimulus hopes and progress in containing the disease. The Fed, Washington, and earnings are continuing to support the markets......
U.S. stocks climbed on Friday, wrapping up a strong week on Wall Street as investors hoped a disappointing January jobs report would increase the likelihood of further stimulus. The Dow Jones Industrial Average rose 92.38 points, or 0.3%, to 31,148.2...
U.S. stocks fell sharply on Friday, wrapping up a roller-coaster week on Wall Street as heightened speculative trading by retail investors continued to unnerve the market......
