Category: ND&S Updates

ND&S Weekly Commentary 2.20.24 – Inflation concerns Rattle Markets

Inflation reports came out hotter-than-expected, and all three major averages pulled back last week to end their five-week winning streak. Higher CPI and PPI numbers suggest no near-term rate cuts by the Fed. For the week, the DJIA finished modestly higher (0.02%) while the S&P 500 gave back 0.35%. The tech-heavy Nasdaq lost 1.31%. International […]

Read Full Article

ND&S Weekly Commentary 2.13.24 – Market Update

Equity markets finished another week in positive territory last week with the S&P 500 (1.40%) closing above 5,000 for the first time. The market advance was broad-based with the Rusell 2000, DJIA and Nasdaq closing higher by 2.44%, 0.09% and 2.34%, respectively. International markets were also positive with MSCI EAFE finishing up 0.12% and MSCI […]

Read Full Article

ND&S Weekly Commentary 2.5.24 – The Groundhog Predicts an Early Spring as the Federal Reserve Predicts Later Rate Cuts

Last week was filled with Big Tech earnings, economic data, regional bank concerns, and hawkish Federal Reserve comments. Investors remained positive as the S&P 500 and the Dow Jones Industrial Average hit record highs. The S&P 500 booked a gain of 1.41% for the week and the Dow Jones was up 1.43%. The Nasdaq Composite […]

Read Full Article

ND&S Weekly Commentary 1.30.24 – Markets Move Enen Higher as US GDP Surprises

The S&P 500 had five successive days of all-time highs last week. For the week, the DJIA added 0.65% and the S&P 500 grew 1.07%. The tech-heavy Nasdaq finished up 0.94%. International equities also gained with the MSCI EAFE Index and emerging market equities (MSCI EM) up 2.01% and 1.47%, respectively. Small company stocks, represented […]

Read Full Article

ND&S Weekly Commentary 1.16.24 – Mixed Bag on Inflation

Equity markets clawed back some of the previous week’s losses, leaving equities mixed on the year. Market activity during the week was largely driven by inflation data as markets nervously wait on earnings season to begin. For the week, the DJIA added 0.35% while the S&P 500 gained 1.87%. The tech-heavy Nasdaq was up 3.09%. […]

Read Full Article

ND&S Weekly Commentary 1.8.24 – Resilient Job Market (with caveats…)

On a short week, the major stock indexes snapped a nine-week winning streak as a result of a better-than-expected December Jobs report. Investors were concerned that positive economic data would delay interest rate cuts by the Federal Reserve. The S&P 500 lost 1.50%, the Dow Jones Industrial Average fell 0.56% and the tech-heavy Nasdaq slid […]

Read Full Article

ND&S Weekly Commentary 1.2.24 – Markets End the Year with an Uptick

Nearly all markets finished 2023 with an upward move as a remarkable year was closed out. In a 180-degree pivot, now most investors believe the US economy will avert a recession in this cycle. They are expecting to see inflation amble lower towards the Fed’s 2% target without a major setback in employment levels or […]

Read Full Article

ND&S Weekly Commentary 12.26.23 – Markets Add to Impressive Run

Equity markets experienced another week of gains adding to an impressive rally that started in late October. On the week, the S&P 500 gained 0.77% and the DJIA added 0.22%. The tech-heavy Nasdaq moved higher by 1.22%. Developed markets (MSCI EAFE) increased 0.84% while emerging markets (MSCI EM) gave back 0.78. Fixed income, represented by […]

Read Full Article

ND&S Weekly Commentary 12.18.23 – Markets Take Fed’s Comments as an ALL-CLEAR Signal

All markets rallied as investors welcomed the results of the FOMC’s meeting (no action) and seemed to especially like Chair Powell’s post meeting comments. US Treasury rates continued their dramatic move lower and equity markets advanced across the board. For the week, the DJIA gained 2.93% while the S&P 500 added 2.53%. The tech-heavy Nasdaq […]

Read Full Article