A note of caution has crept into markets this week, even as major U.S. indices hover just below record highs. Stocks have retreated from recent highs amid growing concerns over lofty valuations and increasing scrutiny of the sustainability of the AI trade....
Stocks ended sharply lower on Friday as renewed trade and tariff tensions between the United States and China rattled markets. The S&P 500 and Nasdaq both touched fresh record highs early in the trading session, though quickly reversed lower after President Trump...
Stocks set fresh record highs last week, with the S&P 500 and Nasdaq finishing in the green for the third-straight week. The small-cap Russell 2000 finally broke above its previous record closing high set nearly four years ago in November 2021 and...
August delivered another month of gains for U.S. stocks. The S&P 500 closed higher by 1.91%, notching its fourth consecutive monthly advance while the Nasdaq advanced 1.58%, marking five straight months of gains.
U.S. equities hit fresh all-time highs early last week before a sharp reversal on Friday following a weaker-than-expected payrolls report that erased all of the prior week’s gains. The S&P 500 declined by 2.36% last week, while Dow Jones Industrial Average and...
U.S. stocks retreated from all-time highs last week, though both the S&P 500 and Nasdaq remain near record levels set earlier this month. The Nasdaq closed relatively unchanged, down 0.08% on the week, while the S&P 500 slid 0.31% and the Russell...
U.S. equities treaded water during last week’s holiday shortened-trading week. Escalating tensions in the Middle East remained a key focus, while market participants also weighed the latest economic projections from the Federal Reserve’s June meeting.
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.
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.
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...
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