General market news Rates fell across the curve last week, with the largest declines on the short end of the curve. The 10-year Treasury yield opened the week at 2.04 percent, and the 30-year opened at 2.56 percent. Markets were down on the week. The technology sector was dragged down by Netflix, which missed the …
General market news Treasuries sold off last week. The 10-year yield moved from 2.22 percent at the start of the week to 2.33 percent by Tuesday afternoon. It moved lower later in the week and opened this Monday at 2.27 percent. The 30-year yield was as low as 2.79 percent last Monday before jumping to …
General market news The yield on the 10-year Treasury continued to move lower last week and opened Monday morning at 2.24 percent. The 30-year yield also moved lower, ending last week at 2.81 percent and opening on Monday at 2.83 percent. Both the Nasdaq Composite and S&P 500 reached new all-time highs last week after …
General market news After being as high as 2.39 percent, the yield on the 10-year Treasury moved lower late last week, opening at 2.30 percent on Monday. Some weaker-than-expected economic data, combined with what seemed to be more dovish comments from Federal Reserve (Fed) Chair Janet Yellen, helped push rates lower. The 30-year yield remains …
General market news Since the low on June 27, the sell-off in Treasuries has caused the 10-year to break through some technical levels. The 10-year Treasury opened at 2.36 percent early Monday after finishing the holiday-shortened week just below 2.40 percent. It tested the 2.12-percent level on the downside less than two weeks ago. The …
Mixed returns in June cap strong second quarter Large-cap equities did well in June, even as technology stocks ran into turbulence. The Dow Jones Industrial Average and S&P 500 Index posted solid gains of 1.74 percent and 0.62 percent, respectively. But the technology-laden Nasdaq suffered, finishing the month down 0.87 percent. Quarterly results were better. …
Markets move up around the world Equity markets around the world performed well in July, as positive U.S. economic developments combined with less-negative-than-expected international news to drive renewed investor confidence. The S&P 500 Index ended the month up 3.69 percent, while the Dow Jones Industrial Average gained slightly less, rising 2.94 percent. The Nasdaq led …
Presented by Rich Tegge U.S. markets bounce back After a difficult June, the markets bounced back in July. The S&P 500 Index closed up 2.10 percent, and the Nasdaq did even better, gaining 2.84 percent. The Dow Jones Industrial Average, however, returned just 0.52 percent. The recovery of U.S. markets was largely driven by positive …
Brad McMillan, Commonwealth Financial Network’s chief investment officer, provides an update on recent difficulties in the U.S. financial markets, as well as ongoing problems in Greece and China. He also discusses U.S. economic performance in June. Follow Brad at http://blog.commonwealth.com/independ….
Brad McMillan, Commonwealth Financial Network’s chief investment officer, discusses the revision to the first-quarter economic growth numbers and the current state of the U.S. and international markets. He also offers his thoughts on potential risks, including the situation in Iraq.