Market insights and analysis

How dynamic, risk-managed investment solutions are performing in the current market environment

4th Quarter | 2020

Market insights and analysis

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Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.

Market Update 2/1/21

Major U.S. indexes pulled back last week, experiencing record trading volumes and high volatility. The Russell 2000 small-capitalization index fell 4.4%, the NASDAQ Composite was down 3.5%, the S&P 500 decreased by 3.3%, and the Dow Jones Industrial Average lost 3.3%. The 10-year Treasury bond yield fell 2 basis points to 1.07%, as Treasury bonds rose for the week. Last week, spot gold closed at $1,847.65, down 0.43%.

The major stock market indexes were up last week, with the Dow and S&P hitting all-time highs. The NASDAQ composite led with a gain of 2.1%, the Dow Jones Industrial Average gained 1.0%, the S&P 500 Index rose 1.7%, and the Russell 2000 gained 2.0%. The 10-year Treasury bond yield rose about 13 basis points, as Treasury bonds fell for the week. Spot gold gained 2.7%. International developed rose 1.2% and emerging markets rose 1.6%, showing a bit more strength.

As pointed out in last week’s Market Update, Thanksgiving week is normally very bullish for the markets. The shortened holiday week followed history in a big way. Each index was up over 2%, and for the first time, the Dow Jones Industrial Average crossed above 30,000!

The major stock market indexes were mostly up this week, responding to positive news about the development of a COVID-19 vaccine.

The major stock market indexes were mixed last week. The NASDAQ was down 1.1%, the S&P 500 Index fell 0.5%, the Dow Jones Industrial Average fell 1.0%, and the Russell 2000 gained 0.4%. The 10-year Treasury bond yield rose about 10 basis points, as Treasury bonds fell slightly for the week. Last week, spot gold rose slightly, gaining 0.2%.