Month of October 2016 Review

With no Federal Open Market Committee meeting and little news to jar the markets, the lazy, hazy days of August seemed to lull investors into a state of lethargy. Trading was light and volatility, limited.

News about the candidates may be affecting the markets

Of the indexes listed here, only the Dow posted a gain over the prior week, albeit less than 1.0%. The Nasdaq and Russell 2000 fell back a bit, dropping 1.28% and 2.50%, respectively. Gold climbed 0.8%, while the price of crude oil, which had been over $50 per barrel, dropped almost 5.0%.

Last week began with a whimper as equities closed down (the Dow fell 0.3%), while the 10-year Treasuries yield dropped 4 basis points and bond prices increased

Midweek saw the markets remain steady after the European Central Bank decided to leave its interest rates unchanged. Favorable earnings reports pushed the markets into positive territory by last week’s end, as each of the indexes listed here posted gains week-over-week, led by the Global Dow and the Nasdaq, each of which gained almost 1.0%.

Quarterly Review: July – September 2016

In the world of equities, the second quarter of the year was anything but dull. April saw the large-cap S&P 500 and Dow make marginal gains, with the small-cap Russell 2000 and the Global Dow leading the way for the month.