Market insights and analysis

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

4th Quarter | 2020

Market insights and analysis

rss

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

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%.

Stocks traveled north last week, with all major U.S. indexes trading at all-time highs. The NASDAQ Composite was up 3.05%, the Russell 2000 small-capitalization index also rose 3.05%, the S&P 500 increased by 1.25%, and the Dow Jones Industrial Average gained 0.44%. The 10-year Treasury bond yield rose 5 basis points to 0.95%, as Treasury bonds fell for the week. Last week, spot gold closed at $1,881.31, up 2.26%.

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!

Market Update 11/9/20

As Election Day turned into election week, the major indexes rallied, experiencing weekly gains not seen since April. The NASDAQ Composite surged 9.0%, the S&P 500 gained 7.3%, the Dow Jones Industrial Average was up 6.9%, and the Russell 2000 small-capitalization index increased 6.9%. The 10-year Treasury bond yield fell 5 basis points to 0.82%, as Treasury bonds rose for the week. Last week, spot gold closed at $1,951.35, up 3.86%.

After a rally on Monday, the major indexes pulled back and finished last week relatively flat.