WEEKLY ECONOMIC UPDATE Market Recap – Week Ending June 21 June 24, 2024 Market Updates Stocks Continue to Rally; PCE Data Released this Week Overview: Stocks around the globe continued to rally last week, as the S&P 500 index recorded its 31st all-time high of the year mid-week, finishing the week higher by 0.6%. Markets were encouraged by…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending June 7 June 10, 2024 Market Updates Stocks Higher; Fed Meeting, CPI Report This Week Overview: Stocks across the globe were higher last week, led by a strong rebound in emerging markets (MSCI EM), up 2.4% on the week. In the U.S., the S&P 500 index recorded its 25th all-time…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending May 31 June 3, 2024 Market Updates Stocks Higher in May; Jobs Report on Friday Overview: Stocks around the world were lower last week, but major indices finished higher in May with the S&P 500 higher by 5.0%, international developed stocks (MSCI EAFE) up 4.0%, and emerging markets (MSCI…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending May 24 May 28, 2024 Market Updates Stocks Mixed Last Week; Key Economic Data Coming Friday Overview: Stocks were mixed across the globe last week as international developed stocks (MSCI EAFE) fell 0.8% and emerging market stocks (MSCI EM) were lower by 1.5%. In the U.S., the S&P 500…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending May 17 May 20, 2024 Market Updates Stocks Higher Last Week; Earnings Releases Winding Down Overview: Stocks across the globe were higher last week, led by emerging markets (MCSI EM), up 2.7%, and international developed stocks (MSCI EAFE), higher by 1.7%, on the week. In the U.S., the S&P…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending May 10 May 13, 2024 Market Updates Stocks Higher Last Week; April CPI Report on Wednesday Overview: Stocks were higher around the world last week, led in the U.S. by the S&P 500 index, which rose 1.9%. In a quiet week of data, investors were encouraged by a fifth…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending May 3 May 6, 2024 Market Updates Stocks Move Higher; Positive First-Quarter Earnings Reports Overview: Stocks were higher around the world last week, led by emerging markets (MSCI EM) up 2.0%, and international developed (MSCI EAFE) higher by 1.7%. In the U.S., the S&P 500 index closed out April…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending April 26 April 29, 2024 Market Updates Strong Earnings Push Stocks Higher; Fed Meeting This Week Overview: Stocks rose across the globe last week as strong earnings in the U.S. overcame a slowdown in economic growth in the first quarter. For the week, the S&P 500 index was higher…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending April 19 April 22, 2024 Market Updates Stocks Lower Last Week; Key Earnings, Data This Week Overview: Stock across the globe were lower last week as interest rates increased with Federal Reserve Chair Jerome Powell saying rate cuts may come later than markets had been anticipating. In the U.S.,…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending April 12 April 15, 2024 Market Updates Stocks Falter After CPI Report; First-Quarter Earnings Reports Underway Overview: U.S. stocks were in negative territory for the second consecutive week as the S&P 500 fell 1.5%, its worst week since October. International stocks outpaced domestic stocks with the MSCI EAFE falling…