Market Recap
John Hancock: Weekly Market Recap Week Ended August 16th
Weak indicators Wednesday’s 800-point plunge in the Dow was fueled in part by worse-than-expected data from two of the world’s biggest economies. Germany’s GDP contracted slightly in the second quarter amid further declines in exports, while China’s factory output was below expectations in July. Retail therapy The week’s bleak economic news was partly […]
John Hancock: Weekly Market Recap Week Ended July 12th
Eyes on earnings Corporate earnings could dampen stock market euphoria, as 77% of the companies that have issued second-quarter forecasts projected negative earnings per share growth. Analysts now expect earnings to decline by 2.9% versus a year ago, as slower growth and the cost of tariffs on U.S. businesses are tallied. Trade back on […]
John Hancock: Weekly Market Recap Week Ended March 22nd
Freaky Friday Stocks were having a mostly positive week until the market swiftly reversed course on Friday amid further signs of a global growth slowdown and an inversion in the U.S. Treasury bond yield curve. The major U.S. stock indexes dropped around 2%, as did indexes in France, the United Kingdom, and Germany. […]
John Hancock: Weekly Market Recap Week Ended November 9th
November’s strong start The S&P 500 and the Dow both gained more than 2% for the second week in a row, recovering much of the ground lost in October’s sharp decline. However, technology stocks continued to lag the broader market, and the NASDAQ trailed other major indexes by a wide margin. Yield watch Bond […]
John Hancock Weekly Market Recap: Week Ended June 15:
Source: jhinvestments Mixed markets After posting strong performance the previous week, the major U.S. stock indexes made modest moves in different directions. The Dow fell nearly 1% for the week, the NASDAQ rose more than 1%, and the S&P 500 was little changed overall. Small-cap record The Russell 2000 Index, a small-cap stock […]
Market Recap for Week Ended April 27:
Earnings scorecard With more than half of the companies in the S&P 500 having reported first-quarter results, the index was on track to post earnings growth of 23% over the same quarter a year ago, according to FactSet. At the start of earnings season, profits were expected to rise around 18%. Growth moderates […]
Market Recap for Week Ended April 13:
Tech rebound Information technology stocks were among the biggest gainers of the week, as concerns about data privacy eased and the stocks recovered some of their recent losses. Tech’s comeback was reflected in the nearly 3% weekly gain for the NASDAQ, which is weighted more heavily in tech than other major indexes. Nearly even […]
Market Recap for Week Ended April 6:
Earnings season optimism First-quarter earnings reports are scheduled to begin coming in this week, and analysts are expecting the strongest quarterly profit growth in eight years, in part due to the new tax law and its reduction of corporate rates. Earnings for companies in the S&P 500 are expected to rise an average of 18% […]