From Cyprus to Congress

Markets finally snapped their winning streak on concerns of Eurozone trouble with Cyprus. Despite the early sell-off, markets rose later in the week to erase most of the losses. For the week, the S&P 500 lost 0.24%, the Dow slid just 0.01%, and the Nasdaq trimmed 0.13%.[1] Equities began the week with a broad sell-off … Read more

The Bull Charges, For Now

Markets made history last week as the Dow set an all-time high above 14,400 and the major indices all posted solid gains, buoyed by strong employment numbers and renewed confidence in the economy.[1] For the week, the S&P 500 gained 2.17%, the Dow gained 2.18%, and the Nasdaq gained 2.35%.[2] The jobs report was the … Read more

Resilient Markets Shrug Off Concern

Markets stumbled early in the week on concern that Italy’s deadlocked election results might threaten Europe’s economic recovery. However, they picked up steam later in the week, bolstered by strong economic data. While Friday’s sequestration deadline weighed on investor nerves, markets still ended the week in the black, with the S&P 500 gaining 0.17%, the … Read more