Major U.S. equity indices posted solid gains last week, marking their second consecutive week of advances. The S&P 500 regained the 6,000 level and is now more than 20% above its early April lows and within 2.5% of its record high last…

What a difference a month makes. The last edition of Notes from the Trading Desk was released shortly after the April 2nd “Liberation Day” tariff announcement that sent shockwaves through global markets and pressured U.S. assets.

U.S. equity markets endured one of their most turbulent Aprils in years, brought on by aggressive tariff announcements and questions surrounding Fed Chair Jerome Powell’s job security. The barrage of uncertainty led to a surge in volatility that sent major indices plunging…

If you listen quite closely, you may be able to hear the sound of the Magnificent Seven deflating ever so slightly. The Magnificent Seven was anything but Magnificent last quarter.

In March, U.S. equities continued their downward slide from all-time highs set in February, as all major indices sold off. The S&P 500 suffered its biggest monthly decline since December 2022, falling 5.75%.

Major U.S. equity indices were sharply lower last week following the unveiling of tariffs by President Trump on Wednesday, April 2nd on what he called “Liberation Day”. The President announced that the U.S. would impose a 10% tariff on imports entering the…

U.S. stocks edged higher last week, breaking their recent losing streak. The S&P 500 climbed 0.51%, while the Nasdaq eked out a 0.17% gain, marking the first weekly advance for both indices after four consecutive weeks of declines.

U.S. equity markets struggled through February with major indices broadly lower amid renewed growth concerns and escalating trade policy risks. Of all the major indices, the S&P 500 fared the best, falling 1.42%, while the tech-heavy Nasdaq retreated 3.97% and small caps…

It has been a month since our last edition of Notes from the Trading Desk, in which we recapped the move higher across all major U.S. equity indices in January. February, however, proved to be quite the opposite for stocks, with each…

U.S. equities closed January on a notably positive note after a challenging December, as a broad-based rally lifted key indices within spitting distance of all-time highs. The S&P 500 advanced by 2.70%, the Nasdaq climbed 1.64%, and the Russell 2000 recovered with…

All major U.S. equity indices closed out the month of January higher. The S&P 500 advanced 2.70%, while the Dow Jones Industrial Average and Nasdaq gained 4.70% and 1.64%, respectively.

With 2024 now in the books, it was certainly another good year for the S&P 500. The index gained more than 20% for the second consecutive year and the third time in the past four years.