U.S. stocks surged during the summer months. The stock market’s strength stood in contrast to the U.S. economy, which saw a drop in growth and slowing employment gains as COVID-19 continued. September brought headwinds and broad declines for nearly all market indexes and sectors. Overall, stocks ended Q3 on the…
U.S. stocks rebounded from the swift market downturn in the early days of the COVID-19 pandemic. The bounce from the market bottom happened almost as fast as the drop in March, and renewed investors’ confidence about the resiliency of the U.S. economy. Employment and GDP reports early in the quarter…
News of global slowdowns, trade wars and presidential impeachment couldn’t derail stocks as the U.S. equity market recorded one of its strongest years in recent history with the S&P 500 Index ending 2019 near all-time highs. All sectors except for energy experienced annual gains. Interest rates finished the year on…
U.S. stock markets meandered through the summer months, with the S&P 500 Index managing a small gain of 1.7% for the 3rd Quarter. In July though, stocks rose on expectations of a Federal Reserve rate cut, which was delivered on July 31. Volatility returned to the market in August as…
U.S. stocks rebounded in the 1st Quarter of 2019 following a difficult Q4 from the previous year. Stock investors were buoyed in January by the Federal Reserve’s decision to pause on interest rates hikes, but signs of a global slowdown weighed on market gains later in the quarter. These fears…