February 4, 2022
Stocks In January 2022, the stock market saw some of its biggest declines in almost two years and even brief movement into correction territory. For the month: The S&P 500 was down 5.3%. Dow Jones Industrial Average was down 3.3%. Nasdaq Composite down 8.9%. That was the S&P 500’s worst month since March of 2020 when it saw a 12.5% decline. It was also Nasdaq’s worst month since March 20202. However, while starting the month with a swoon, stocks rebounded in the final days and continued a healthy recovery in February. Index prices are still more than 90% recovered from their […]
December 3, 2021
Wall Street and the stock market Coming off their best month of the year, the stock market saw significant negative movement at the tail end of November. For the month: The NASDAQ gained 0.3% in November and is up 21.3% YTD. The S&P 500 lost -0.7% in November and is up 23.2% YTD. The DOW lost -3.5% in November and is up 14.7% YTD. Of course, the big trigger for a market swoon was news of the Omicron variant and subsequent anxiety, with the S&P 500 dropping 2.3% on November 24th alone, its biggest one-day drop since February. […]
October 4, 2021
Stocks hit choppy waters. September was a month characterized by volatility on Wall Street, although a U.S. stock swoon wasn’t all-together unexpected after a record run of gains. In fact, it was the worst month for the S&P 500 since March of 2020 – the epicenter of a stock selloff due to the Coronavirus pandemic. Through September, the S&P 500 fell 4.8%, the Dow Jones dropped 4.3%, and the Nasdaq sank 5.3%. But all was not lost since, for Q3, the S&P still posted a slight positive gain of 0.2%, its sixth straight quarter and 7th straight month of gains, […]