Blog Archive:
Market Commentary
Published December 31, 2023 | Market Commentary
General Market Commentary as of December 31, 2023 The final quarter of the year concluded 2023 with all US major indices posting positive returns. The S&P 500 ended the quarter up 11.24%, the Dow Jones Industrial Average gained 12.48%, and the Nasdaq Composite increased 13.56%. Value underperformed growth within large caps and outperformed within small…
Published September 30, 2023 | Market Commentary
General Market Commentary as of September 30, 2023 The second half of the year started with all US major indices posting negative returns for the third quarter of 2023. The S&P 500 ended the quarter down -3.65%, the Dow Jones Industrial Average lost -2.62%, and the Nasdaq Composite declined -4.12%. Value underperformed growth within large…
Published June 30, 2023 | Market Commentary
General Market Commentary as of June 30, 2023 The second quarter of 2023 carried the momentum from the first quarter and continued its upward climb with all major US indices posting positive gains. The S&P 500 ended the quarter up 8.30%, the Dow Jones Industrial Average gained 3.41%, and the Nasdaq Composite soared 12.81%. Growth…
Published March 31, 2023 | Market Commentary
General Market Commentary as of March 31, 2023 Following the worst year since 2008 for US stocks, the first quarter of 2023 was a positive shift. However, returns for the major US indices varied considerably as the S&P 500 ended the quarter up 7.03%, the Dow Jones Industrial Average gained a modest 0.38%, while the…
Published January 15, 2023 | Market Commentary
General Market Commentary as of December 31, 2022 The decline in December partially offset a vigorous rally earlier in the final quarter of 2022. The S&P 500 ended the quarter up 7.08%, the Dow Jones Industrial Average gained 15.39%, while the Nasdaq Composite lost -1.03%. The US equity market posted positive returns for the quarter;…
Published October 17, 2022 | Market Commentary
General Market Commentary as of September 30, 2022 While Q3 was not as bad as Q2, the market continued its downward trend and posted negative numbers resembling the losses realized in Q1. The S&P 500 ended the quarter down -5.28%, the Dow Jones Industrial Average was off -6.66%, and the Nasdaq Composite lost -4.11%. The…
Published July 18, 2022 | Market Commentary
General Market Commentary as of June 30, 2022 After a less than stellar first quarter to start 2022, US stocks had a rough second quarter. The S&P 500 ended the quarter down -16.45%, the Dow Jones Industrial Average was off -11.25%, and the Nasdaq Composite lost -22.44%. A major driver to this year’s equity market…
Published April 15, 2022 | Market Commentary
General Market Commentary as of March 31, 2022 The first quarter gave back some of the recent returns with the major indices posting negative numbers for the quarter. The S&P 500 ended the quarter down -4.95%, the Dow Jones Industrial Average was off -4.57%, and the Nasdaq Composite lost -9.10%. The US equity market posted…
Published January 11, 2022 | Market Commentary
General Market Commentary as of December 31, 2021 The major indices posted healthy returns in the fourth quarter to cap off a strong year. The S&P 500 ended the quarter up 10.65%, the Dow Jones Industrial Average climbed 7.37%, and the Nasdaq Composite finished up 8.28%. For 2021, the annual returns were 26.89% for the…
Published October 15, 2021 | Market Commentary
General Market Commentary as of September 30, 2021 The third quarter showed mixed results with the S&P 500 hitting a new all-time high in July and later in September suffering its first 5% pullback in nearly a year. The S&P 500 ended the quarter up 0.23%, the Dow Jones Industrial Average was off -1.91%, and…