The Market Week in Review

  The stock market finished the week mixed as investors continue to digest earnings reports and conflicting economic data.  The tech-heavy Nasdaq index dropped over 1.0% largely due to Facebook stock dropping nearly 20% on lower than expected revenue and a poor outlook.  Interest rates rose with the 10-year treasury yield rising 7 basis points to 2.96%.  Yet, the spread between the 10-year treasury yield and the 2-year treasury yield only widened by 1 basis point to 0.29% as short-term yields also rose.  Commodity prices moved lower with the price of gold dropping 0.64% to $1,222.80 an ounce and crude…

The Market Week in Review

  Stocks finished the week mixed as investors digest earnings reports resulting in major indices finishing the week virtually flat.  Interest rates moved higher with the 10-year treasury yield reaching 2.89%, 6 basis points higher than the week prior.  The spread between the 10-year treasury yield and the 2-year treasury yield widened by 3 basis points, yet still is at a very narrow margin of 0.28%.  Commodity prices ended the week slightly lower with the price of gold dropping 0.87% to $1,230.70 an ounce and crude oil dropping 0.37% to $70.31 a barrel.  The U.S. dollar index reached as high…

The Market Week in Review

  The overall stock market finished significantly higher on the week as trade fears eased and earnings season kicked off.  Interest rates were unchanged from the week prior with the 10-year treasury yield holding its position at 2.83%.  However, the spread between the 2-year treasury yield and the 10-year treasury yield continues to flatten, dropping 4 basis points to a very concerning spread of 0.25%.  A rise in inflationary data pushed gold prices lower with the price per ounce dropping 1.14% to $1,241.50.  Crude oil prices dropped 4.55% on the week to $70.57 a barrel amid expectations of rising output…

The Market Week in Review

  Stocks finished the week higher with small/mid-cap stocks, as measured by the Russell 2000, outpacing the other major indices as they saw less headwinds from international trade concerns.  The 10-year treasury yield continues to drop, falling 2 basis points on the week to 2.83%.  The spread between the 2-year treasury yield and the 10-year treasury yield also dropped by 3 basis points to a concerning 0.29%.  Gold prices were virtually flat rising 0.13% to $1,255.90 an ounce.  Meanwhile crude oil prices inched lower after rallying the past couple weeks, dropping 0.44% to $73.92 a barrel.  The U.S. dollar index…

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