Market Recap Week of 9/11/2023 Through 9/15/2023
The S&P 500 index edged down 0.2% last week, ending the week nearly flat as losses in the technology, industrial and materials sectors managed to slightly outweigh gains across all other sectors.
Market Recap Week of 9/05/2023 Through 9/08/2023
The S&P 500 index fell 1.3% last week as interest rate concerns weighed on investor sentiment. Still, the index is up 16% for the year to date.
Market Recap Week of 8/21/2023 Through 8/25/2023
The S&P 500 index rebounded last week as traders assessed the latest remarks by Federal Reserve Chair Jerome Powell.
Market Recap Week of 8/14/2023 Through 8/18/2023
The S&P 500 index fell 2.1% last week, extending the market benchmark's losing streak to a third consecutive week as bond yields climbed to highs not seen in years.
Market Recap Week of 8/07/2023 Through 8/11/2023
Last week, the S&P 500 index fell slightly, losing 0.3%, as data showed US consumer prices rose modestly in July and the tech and materials sectors lost ground.
Market Recap Week of 7/31/2023 Through 8/04/2023
The S&P 500 index fell 2/3% last week as Fitch Rating downgraded its credit rating on the US to one notch below the top AAA grade, citing an "erosion of governance."
Market Recap Week of 7/24/2023 Through 7/28/2023
The S&P 500 index rose 1.0% last week, led by the communication services sector, amid stronger-than-expected Q2 earnings while US economic growth for Q2 also surpassed expectations.
Market Recap Week of 7/17/2023 Through 7/21/2023
The S&P 500 index rose 0.7% last week as the second quarter earnings reports came in mostly above analysts' estimates. The two-day Federal Open Market Committee meeting will be the focus this week.