Last Week In ReviewLast week, rising interest rate fears and growth worries pushed the S&P 500 Index to its most significant decline over the holiday-shortened week in more than 14 months. (Markets were closed last Monday in observance of the Martin Luther King,...
Last week the large-cap indexes recorded their second consecutive weekly loss to start the year—and the technology-heavy Nasdaq Composite its third—as the unofficial start of earnings season began. Financials shares came under pressure on Friday as JPMorgan Chase and...
Last week stocks backed away from record highs as longer-term bond yields increased. Expectations for higher interest rates took a particular toll on growth stocks and the technology-heavy Nasdaq Composite—which suffered its most significant weekly decline in nearly a...
Last week the major indexes recorded gains, as a “Santa Claus rally” lifted the S&P 500 Index the reindeer to Santa’s sleigh to record highs. The technology-heavy Nasdaq Composite lagged and finished flat. Traders I spoke with noted that trading activity was...