Tag Archives: Stock Market Update
Last week, stocks fell sharply. The S&P 500 ended the week down 5.16% in price. The Lark Research Homebuilder Stock Price Index fell 6.02%, underperforming the broader market.
The major equity averages closed out the month of April with respectable gains ranging from 1.1%-1.4%, with the exception of the Nasdaq Composite, which rallied 2.9%. Year-to-date, the major indexes are up 6.0%-6.5%, which translates into an annualized gain of … Continue reading
Since my last update (Feb. 26), the stock market has had its ups and downs, reflecting the push and pull of stronger economic data against higher interest rates and the ongoing political wrangling in Washington.
After mounting an impressive turnaround rally which saw the S&P 500 rise 16.6% from its intraday low of 1810.10 on Feb. 11 to an intraday peak of 2111.05 on April 20, the stock market has recently given back some of … Continue reading
The S&P 500 closed the week ended April 15, 2016 at 2080.73, just a whisker away from the November 3, 2015 intraday high of 2116.48 and also its all-time high of 2134.28 at on May 21, 2015. In a little … Continue reading
The stock market lost ground last week after five consecutive weeks of gains. The selling began on Wednesday, following the attacks by Islamist extremists in Brussels. Yet, the losses were modest and orderly. Momentum had been waning in the latter … Continue reading
Major averages closed the week ended March 4 up 2%-3%. This marked the third consecutive week of gains. The S&P 500 gained 2.7%, but smaller stocks have led the way during this rebound. The S&P Mid-Cap 400 gained 4.4% and … Continue reading