The yield on the 10-year Treasury started this week where it ended the last, at 1.97 percent. Treasury investors don’t seem to have been troubled by commentary from the most recent Federal Open Market Committee (FOMC) meeting, in which some members expressed concerns about continued asset purchasing. Read more now.
Weekly Market Summary – 2/19/13
The yield on the 10-year Treasury hovered around 2 percent for most of last week, with heavy auctions but little net new supply; it stood at 1.99 percent early Monday morning.
The S&P 500 Index maintained its momentum to log its seventh consecutive week of gains last week, although the pace of gains seems to be slowing and there are some early signs that the market might be running out of gas,especially as we approach the all-time high of 1,565.
Weekly Market Summary – 2/13/13
The yield on the 10-year Treasury was as high as 1.97 percent Monday morning, up slightly from where it stood last Friday, at
1.95 percent. Domestic equity markets continued to march higher last week. Strong fund flows and decent earnings results have been cited as potential catalysts. Read more now.
Weekly Market Summary – 2/4/13
As expected, U.S. Treasuries have been slightly more volatile to start off the year. Last week, the yield on the 10-year was as low as 1.92 percent; early Monday morning, it was at 2.02 percent.
The Federal Open Market Committee met last week for one of its eight annual meetings to discuss rates and the economy. The economy has cooled since the last meeting, and it seems that the Fed plans to keep rates low for some time.
Weekly Market Summary – 1/28/13
The yield on the 10-year Treasury was as high as 1.99 percent early Monday morning, slightly above its most recent high of 1.94 percent a few weeks ago. This is well above the high end of the range the 10-year has been in since last summer, and we could continue to see upward pressure on yields in the short term. Read more now.
Weekly Market Summary – 1/22/13
Equity markets continued to trend higher last week on increased demand for higher risk investments. The S&P 500 Index gained nearly 1 percent, bringing its year-to-date gain to 4.28 percent. The small-cap Russell 2000 Index was the best performer, rising 1.37 percent, while international markets lagged and essentially broke even. Read more now.
Weekly Market Summary – 1/16/13
Equity markets continued their upward trend last week. The S&P 500 gained 43 basis points (0.43 percent) but found itself in the middle of the pack of the broad-based indices listed in the table below. The tech-heavy Nasdaq led domestic indices with a gain of 78 basis points (0.78 percent), but the MSCI EAFE Index was the best performer overall. The MSCI Emerging Markets Index trailed the other indices and was the only one in the red. Read more now.
Weekly Market Summary – 1/8/13
Equity markets shot upward out of the gate last week, largely due to news of an agreement on the tax side of the fiscal
cliff debate. The S&P 500 Index gained 4.58 percent, but small-cap stocks, as measured by the Russell 2000 Index, were
the best performers with a gain of more than 5.5 percent. Read more now.
Weekly Market Summary – 12/31/2012
Equity markets gave up some ground in the final full week of trading in 2012. Most domestic index losses fell just short of 2
percent. International markets bucked the trend and locked in positive performance, further distancing themselves from domestic
markets for year-to-date performance. Read more now.
Weekly Market Summary – 12/27/2012
Despite a large sell-off on Friday, equity markets posted strong gains heading into the home stretch for 2012. The S&P 500 rose 1.21 percent, while small-cap stocks, measured by the Russell 2000 Index, were the biggest winners, gaining more than 3 percent. The Dow Jones Industrial Average held true to form: it not only lagged on the week but it is behind year-to-date as well. Read more now.