Weekly Market Commentary

US markets finished the week mixed, with a late-week rally in technology mitigating early-week losses.  Micron Technology’s third-quarter results were excellent and helped propel technology stocks after the announcement.  Western Digital, Seagate, and Sandisk, other...

The Federal Reserve, as expected, cut its monetary policy rate by twenty-five basis points to 3.50%-3.75% and tempered expectations for further cuts in 2026.  The decision was not unanimous, as a divided Fed considered elevated inflation against a weakening labor...

Apprehensive investors pushed markets higher this week, with the small-cap Russell 2000 hitting a new all-time high, while the S&P 500 closed just 50 points below its October all-time high.  Economic data, some of which is quite dated, offered a mixed picture of...

The holiday-shortened week saw global financial markets trade higher. Increased optimism for a December rate cut, along with some constructive news on the AI front, catalyzed buying across risk assets. Several Fed officials indicated they were inclined to support a...

Financial markets continued to decline as investors sold AI-related stocks amid valuation concerns, while rotating into more defensive sectors such as healthcare and consumer staples.  A stellar third-quarter earnings report from NVidia prompted investors to step in...

Markets were choppy and ended the week with mixed results.  Investors poured into risk assets on the idea that the longest US government shutdown was over, but a more hawkish tone from several Fed officials recalibrated expectations for a December rate cut and...

Well, the market finally had a significant pullback, but not before the S&P 500 and NASDAQ were able to set another all-time high.  The week began with a deal between OpenAI and AMD, sending AMD shares nearly 24% higher.  The deal catalyzed the technology sector...

Investors sent US markets to another set of all-time highs despite concerns about an extended government shutdown.  The U.S. government shutdown was largely dismissed by markets last week, which came as a surprise given that several key economic data sets (Initial...

The S&P 500 hit a 28th record high for the year before settling lower for the week. Investors endured a choppy week of trading as better-than-expected economic data and better-than-feared inflation data tempered the notion of additional rate cuts.  Several Fed...