Markets in Review | Week ending 05/21/21
Another late week rally was not enough to undo an early week pullback as the S&P 500 slipped -0.4% for its first back-to-back weekly decline since February.
Another late week rally was not enough to undo an early week pullback as the S&P 500 slipped -0.4% for its first back-to-back weekly decline since February.
The S&P 500 and Dow just missed a fourth consecutive week of record highs, while the yield on the 10-year U.S. Treasury fell for the third straight week.
This time last year, we were all forced to make drastic changes to our everyday lives -- working from home, acting as educators to our children and grandchildren, and settling in for the unknown long-term. Fortunately, there is finally optimism and a shred of pre-pandemic normalcy.
Congress has officially passed a $1.9 trillion stimulus package. Here's an overview for business owners, families and individuals impacted by COVID-19.
Stock market outlook remains cautiously optimistic, with momentum on the market's side. Consumer net worth and corporate earnings are up, but the market feels stuck in a loop.
Equities were mixed with large caps up for the week but small cap & growth stocks down. Growth stocks continue to struggle as rates continue to rise.