U.S. stocks experienced a negative week (which continues this morning), as hopes for a U.S.-China trade deal in the works for months deteriorated and, by Friday, implementation of additional tariffs following a pre-set deadline. Fears of China backing out of a deal continued to put pressure on equity markets, where the technicals were seen as a bit extended by some during recent weeks.
Beta Wealth Update: Fed Note May 1, 2019
In a low-volume week shortened by the Good Friday holiday, U.S. stocks were mixed, with mega-caps gaining, while small caps lost a bit of ground. In fact, the VIX volatility measure reached an eight-month low during the week, with little headline news to move the needle in either direction as of late.
For the week ended April 12th, 2019 U.S. stocks gained a bit with earnings season slowly beginning and core inflation levels coming in contained.
Stocks ended the week and the quarter on a high note, rising globally. The S&P 500 recorded its strongest quarterly performance in a decade, rising 13% just 3% below its all-time high. The market rebound during the quarter was fueled by the Federal Reserve's pivot in rate hikes, better-than-expected earnings results, and optimism that a U.S.
For the week ended March, 22nd, 2019 U.S. stocks dipped slightly with the S&P 500 closing down less than 1%. Poor industrial sentiment data out of Europe was the culprit of choice among market commentators. Equities had slightly rallied mid-week following the dovish Fed statements indicating no likely rate increases on the horizon but caused U.S.
For the week ended March 15th, U.S.
For the week ending March 8th, U.S. stocks were primarily negative with the S&P 500 and Dow Jones both down a little over 2 percent. Small caps fared worse, down over -4%. The slight drawdown was largely attributed to worries on perceived weakening in the global economy, particularly Europe, and concerns around the timing/structure of a US-China trade deal.
For the week ended March 1, 2019, U.S.