September Sell-off Caps Challenging Quarter Equity markets saw widespread declines in September, wiping out gains from earlier in the quarter and bringing the major indices to their lowest closing levels for the year. The S&P 500 fell 9.21 percent during the...
After a terrible start to 2022, markets rebounded in July. U.S. and developed international markets were up by 5 percent or more, with only emerging markets trailing. The primary driver here was the Fed. It has raised interest rates close to a neutral level, and...
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...
June was a terrible month, with stock markets in the U.S. and abroad down substantially and developed international markets hit the hardest. The underlying reason? The Fed. With inflation high, the Fed has raised interest rates over the past six months, which has...
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...
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