Stocks climbed across the board in the third quarter. Large domestic companies, measured by the Standard & Poor’s 500, were up 5.5%. Smaller US firms, as measured by the Russell 2000, surged 8.9%, while the Nasdaq Composite, reflecting tech companies, advanced 2.6%. Foreign firms, generally speaking, climbed with the Dow...
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Market Commentary: 2nd Quarter 2024
Stock market returns were mixed in the second quarter. The Standard & Poor’s 500, a measure of large domestic companies, was up 3.9%. Smaller US companies, however, as measured by the Russell 2000, were off 3.6%. The Nasdaq Composite, heavily weighted in technology companies, gained a solid 8.3%. Foreign companies,...
Market Commentary: 1st Quarter 2024
The stock market continued to climb in the first quarter. Large domestic companies, measured by the Standard & Poor’s 500, gained 10.2% while smaller US companies, measured by the Russell 2000, advanced 4.8%. The Nasdaq Composite, heavily weighted in technology stocks, was up 9.1%. Foreign firms, generally speaking, also climbed...
Market Commentary: 4th Quarter 2023
Markets surged to wrap up 2023 with gains across the board. Q4 saw large domestic companies, as measured by the Standard & Poor’s 500, gain 11.2%. The Russell 2000, reflecting smaller domestic firms, was up 13.6%. Coincidentally, the Nasdaq Composite, with a major weighting of technology stocks, was also up...
Market Commentary: 3rd Quarter 2023
The stock market reversed course in the third quarter with declines across all major indices. Large domestic companies, as measured by the Standard & Poor’s 500, dropped 3.6%, while the Nasdaq Composite, heavily weighted in tech stocks, fell 4.1%. The Russell 2000, reflecting smaller US firms, was off 5.5%. Foreign...
Market Commentary: 2nd Quarter 2023
Stocks continued to climb in the second quarter. The Standard & Poor’s 500, a measure of large domestic companies, gained 8.3%, while smaller domestic firms as measured by the Russell 2000 advanced 4.8%. Foreign markets, generally speaking, rose more modestly as the Dow Jones World Index (ex US) was up...
Market Commentary: 1st Quarter 2023
Stocks were up across the board in the first quarter. Large domestic companies, measured by the Standard & Poor’s 500, gained 7.0%. The Russell 2000, reflecting smaller US stocks, advanced 2.3%, and the Nasdaq Composite, heavily weighted in technology companies, was up a whopping 16.8%. Foreign firms, generally speaking, moved...
Market Commentary: 4th Quarter 2022
The stock market was mostly positive in the fourth quarter. Large domestic companies, measured by the Standard & Poor’s 500, rose 7.1%. The Russell 2000, composed of smaller US companies, gained 5.8%. The Nasdaq Composite, heavily weighted in technology companies, did contract a slight 1.0%, while foreign firms, generally speaking,...
Market Commentary: 3rd Quarter 2022
Stocks continued to falter in the third quarter. Large domestic companies, as measured by the Standard & Poor’s 500, fell 5.3%. The Russell 2000, reflecting smaller domestic stocks, dropped 2.5%. The Nasdaq Composite, heavily weighted in tech firms, was off 4.1% while foreign shares, generally speaking, declined with the Dow...
Market Commentary: 2nd Quarter 2022
The broad market decline continued in the second quarter, with stocks retreating across the board. Large domestic stocks, as measured by the Standard & Poor’s 500, dropped 16.4%. The Russell 2000, a gauge of smaller domestic companies, declined 17.5% and the Nasdaq Composite, heavily weighted in technology names, dropped 22.4%. ...