Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.
It has been an unprecedented and news-packed start to the new year. Developments last week in Washington, new COVID-related challenges, the complex and ongoing vaccine rollout, Georgia’s Senate races, the realities of implementing the Brexit deal, and the state of the U.S. jobs market and manufacturing sector are just some of the major headlines since January 1.
The new year brought new highs, with all major U.S. indexes trading at record levels last week. The Russell 2000 small-capitalization index rose 5.92%, the NASDAQ Composite was up 2.43%, the S&P 500 increased by 1.83%, and the Dow Jones Industrial Average gained 1.61%. The 10-year Treasury bond yield rose 20 basis points to 1.12%, as Treasury bonds fell for the week. Last week, spot gold closed at $1,849.01, down 2.60%.
December ETF Deathwatch contains 348 zombie ETFs and ETNs.
U.S. equity markets posted gains in all three indexes last week. The NASDAQ Composite gained 2.43%, the S&P 500 gained 1.83%, and the Dow Jones Industrial Average gained 1.61%.
Last week, the gold spot price was down 2.60% and the U.S. Dollar Index was up 0.18%.