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Ohnward Wealth and Retirement
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Market Commentary | September 9th, 2024
Week in Review... U.S. stock markets experienced a significant downturn this week, marking their worst performance since March 2023: The S&P 500 fell 4.25% for the week The Dow Jones Industrial Average declined by 2.93% The Nasdaq Composite...
Market Commentary | September 3rd, 2024
Week in Review... Stocks and risk assets ended the week mixed following Federal Reserve Chair Jerome Powell's speech on August 23 at the Jackson Hole Economic Symposium. The S&P 500 edged up 0.24%, marking its fifth consecutive monthly gain The Dow Jones...
Market Commentary | August 26th, 2024
Week in Review... Stocks and risk assets continued their positive trend as all eyes focused on Jackson Hole and comments from Fed Chair Jerome Powell. The S&P 500 rose 1.45% The Dow Jones Industrial Average increased by 1.27% The Nasdaq Composite finished up 1.40%...
Market Commentary | August 19th, 2024
Week in Review... Broad equity markets roared higher for the week as investors reacted positive to inflation readings and a stronger-than-expected jobless claims report: The S&P 500 was up 3.93% The Dow Jones Industrial Average increased by 2.94% The Nasdaq...
Market Commentary | August 12th, 2024
Week in Review... Following a volatile week, broad equity markets finished slightly lower for the week, after a weakening jobs payroll report and fears of weakening economic growth continue. The S&P 500 was down 0.04% The Dow Jones Industrial Average declined...
Market Commentary | August 5th, 2024
Week in Review... Broad equity markets finished sharply lower for the week with renewed fears of a recession looming. The S&P 500 was down 2.06% The Dow Jones Industrial Average declined by 2.10% The Nasdaq Composite was lower by 3.35% The 10-Year Treasury closed...
Market Commentary | July 29th, 2024
Week in Review... Broad equity markets finished mixed for the week with cyclical names continuing to outperform technology and momentum. The S&P 500 was down for the week, losing 0.83% The Dow Jones Industrial Average was up by 0.75% The Nasdaq Composite was down...
Market Commentary | July 22nd, 2024
Broad equity finished mixed for the week with the style rotation trade in full effect. The S&P 500 was down for the week, losing 1.97% The Dow Jones Industrial Average was up by 0.72% The Nasdaq Composite was down by 3.65% The 10-Year Treasury closed at 4.25% The...
Market Commentary | July 15th, 2024
Equity markets reacted positively to CPI news with the Russell 2000 having a breakout week, finishing up 6%. The other broad indices were up, with the Dow leading. The S&P 500 was up for the week, gaining 0.87% The Dow Jones Industrial Average led, ending up 1.59%...
Market Commentary | July 8th, 2024
Broad equity finished higher for the week, with the S&P 500 and the Nasdaq indices both reaching record highs. The S&P 500 was up for the week, gaining 1.95% The Dow Jones Industrial Average was up by 0.66% The Nasdaq Composite was up by 3.50% The 10-Year...