WEEKLY MARKET COMMENTARY

-Darren Leavitt, CFA It was a busy week on Wall Street.  The Dow Jones Industrial Index and the S&P 500 went positive for the year, catalyzed by the announcement that China and the US would significantly lower tariffs for 90 days as trade negotiations continue. ...

-Darren Leavitt, CFA US financial markets were little changed last week as investors continued to weigh the implications of the Trump administration's trade policies.  A trade agreement between the US and the UK set a constructive tone and is likely to provide a...

-Darren Leavitt, CFA Global markets rallied for a second week as the S&P 500 clinched nine consecutive days of gains- something not seen in two decades.  News that trade negotiations between the US and seventeen countries would occur over the next few weeks...

-Darren Leavitt, CFA Global financial markets rallied on several reports that suggested significant progress was being made on trade negotiations.  Vice President Vance met with Indian Prime Minister Modi on his visit to India.  The two leaders announced they were in...

-Darren Leavitt, CFA Equity markets regressed during the abbreviated trading week, while US Treasuries found some footing. Trade policies continued to influence markets and foster uncertainty. Little progress was made on country-specific tariffs, while several...

-Darren Leavitt, CFA Wow, what a week on Wall Street.  Continued uncertainty regarding trade policy induced massive swings in the equity, bond, commodity, and currency markets.  A 7% intraday swing in the S&P 500 on Monday was superseded by a 10.8% intraday move...

-Darren Leavitt, CFA Global financial markets tumbled last week as investors moved out of risk assets, fearing that a worldwide trade war would ensue after Trump's tariffs were higher than anticipated.  Thursday and Friday’s market action resulted in a $5.4 trillion...

-Darren Leavitt, CFA It's been a difficult month for investors, and sentiment indicators tell that story.  Wall Street appeared poised to build on the prior week's gains, but regressed again as mixed signals on tariffs and a loss of sentiment gave reason to sell. ...

-Darren Leavitt, CFA The S&P 500 avoided a fifth straight week of losses as investors continued to assess the impact of Trump’s policies.  A late rally on Friday afternoon, fueled on heavy volume from quarterly options' expiration, helped propel the S&P 500...