Santa Makes Brief Appearance on Wall Street US: S&P 500 Index +2.9%, Dow +2.8%, Nasdaq +4.0% Europe: STOXX Europe 600 -0.1%, German DAX -0.7% France CAC 40 -0.3%, U.K. FTSE 100 +0.2% Asia: Japan Nikkei -1.4%, China Shanghai Composite -0.5%, Korea KOSPI -0.3%...
While the S&P 500 Index technically did not enter a bear market based on the most widely used definition—a 20% or more decline based on closing prices—it sure felt like a bear market. The strong rebound on Wednesday helped reduce anxiety, but that doesn’t take...
Macro View Daily Insights Holidays don’t dampen volatility. Despite a shortened trading day on Monday and the market being closed Tuesday, investors have struggled to make sense of the market’s direction over the past week, as >1% moves and wild intraday swings...
On Monday, the S&P 500 Index came about as close as possible to the technical definition of a bear market without officially registering one (defined as a 20% or larger decline based on closing prices). Enduring these sharp declines can be unnerving for any...
Macro View Daily Insights Santa makes an appearance on Wall Street. Investors received a belated Christmas present yesterday as major U.S. indexes jumped roughly 5%. The Dow and S&P 500 Index posted their largest single-day point gains ever. Consumer discretionary...
