Market Week: April 1, 2013

Posted by on Apr 1, 2013 in Market Week | 0 comments

The Markets

Domestic equities returned to their winning ways after the previous week’s downdraft. The S&P 500 finally squeaked past its October 2007 closing high, setting a new record close–by four points–on the quarter’s last trading day.

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Market Week: March 25, 2013

Posted by on Mar 25, 2013 in Market Week | 0 comments

The Markets

Global equities took a hit from uncertainty over Cyprus. Domestic equities fared better; though they slid much of the week, optimism about a possible bailout agreement led to a rally on Friday that left them down only slightly.

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Market Week: February 25, 2013

Posted by on Feb 25, 2013 in Market Week | 0 comments

The Markets

Equities spent Friday trying to recover from downdrafts earlier in the week. The Dow industrials managed to squeak back to 14,000, but the other domestic indices reacted more strongly to Fed discussions of how to wind down its bond-buying program. It was the first down week for the S&P 500 so far this year.

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Market Week: January 28, 2013

Posted by on Jan 30, 2013 in Market Week | 0 comments

The Markets

Domestic equities had yet another good week (as long as they weren’t Apple). The Dow was less than 2% away from its October 2007 all-time closing high of 14,164, and the S&P 500 was just under 4% away from a similar milestone. However, the Nasdaq struggled against the headwind created by Apple’s post-earnings drop.

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Market Week: January 22, 2013

Posted by on Jan 22, 2013 in Market Week | 0 comments

The Markets

The bulls continued to dominate 2013, encouraged by Friday’s reports of a proposal that could postpone a debt ceiling confrontation for three months. A report that Apple had cut iPhone parts orders helped nibble at the Nasdaq’s performance, but the tech-heavy index managed to remain positive. The other three domestic indices did even better as the Dow hit a level not seen in just over five years.

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