S&P 500 Brushes Record High | Weekly Market Performance | October 25, 2019
U.S. stocks gained for a third straight week, and the S&P 500 Index brushed record highs.
Source: WEEKLY COMMENTARY
U.S. stocks gained for a third straight week, and the S&P 500 Index brushed record highs.
Source: WEEKLY COMMENTARY
The stock market has started October on a bumpy path. Many global issues remain unresolved, but seasonal forces, sound fundamentals, and breakthroughs on the trade and geopolitical1 fronts could help sustain the S&P 500 Index at record highs. Volatility can be uncomfortable, but we remain confident enough in domestic fundamentals that we would recommend suitable investors use any potential pullbacks to consider buying or rebalancing equity positions
Source: WEEKLY COMMENTARY
U.S. stocks gained this week, making another run at all-time highs as investors watched global developments, and third quarter earnings season kicked off.
Source: WEEKLY COMMENTARY
We have maintained our S&P 500 Index year-end fair value target of 3,000, even as the index hovers near that level following recent progress on U.S.-China trade discussions.
Source: WEEKLY COMMENTARY
Corporate earnings growth has ground to a halt, but we think better times lie ahead. While tariffs and ongoing trade uncertainty could delay improvement, we remain optimistic that some progress on trade will be forthcoming and earnings growth could pick up over the coming quarters.
Source: WEEKLY COMMENTARY
Stocks rallied on trade optimism late in the week, erasing the S&P 500 Index’s 2% loss through Tuesday
Source: WEEKLY COMMENTARY
Continued economic growth and Fed rate cuts helped support stocks amid ongoing trade uncertainty.
Source: WEEKLY COMMENTARY
Economic data improves in September.
Source: WEEKLY COMMENTARY
Geopolitical matters1 have complicated the tug-of-war between fiscal2 and monetary3 policies and contributed to investor concerns about increased policy uncertainty. Policy uncertainty will likely persist, but we think financial markets will climb this wall of worry.
Source: WEEKLY COMMENTARY
Stocks fell for a third straight week as investors gauged the health of the U.S. economy and its impact on future monetary policy.
Source: WEEKLY COMMENTARY