June Selloff Adds to Challenging Quarter for Markets Equity markets experienced widespread selloffs in June as fears of a potential recession and continued high inflation weighed heavily on investors. This capped off a challenging second quarter for markets, as...
Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for May. Markets started to stabilize during the month. The Dow and S&P 500 ended with small gains, while the Nasdaq’s loss was small by recent standards. International markets edged up a bit...
April was one of the worst months for the markets since the start of the pandemic. U.S. markets were down between 5 percent for the Dow and 14 percent for the Nasdaq, while international markets fell between 5 percent and 7 percent. Rising interest rates drove...
Market Update for the Quarter Ending March 31, 2022 Positive March Wraps Shaky Quarter for Markets Equity markets partially bounced back in March, driven by a strong run in the second half of the month. The S&P 500, Dow Jones Industrial Average (DJIA), and Nasdaq...
“We saw a bounce in stock markets for March, but everything was down between 3 percent and 8 percent for the first quarter. The reasons for this were twofold. First, with inflation at a 40-year high, the Fed was forced to raise interest rates. Second, the...
After a great start to the quarter in July and August, September was when the storms hit. Here in the U.S., markets pulled back significantly. The Dow declined by 4.2 percent for the month and 1.46 percent for the quarter. The S&P went down by even more for the...
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