Category Archives: Commentary

06 Dec

ISM and Recessions

The Institute for Supply Management’s (ISM) Manufacturing Index, a diffusion index based on monthly surveys of purchasing managers at around 300 firms in the United States, has beaten consensus expectations handily over the past few months. The index hit a … Continue reading
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05 Dec

Market Update: Tuesday, December 5, 2017

Market Recap U.S. indexes finished mostly lower, well off best levels seen in early trading. S&P 500 Index -0.1%, Dow +0.2%, Nasdaq -1.0%. Telecommunications, financials led; healthcare, technology lagged as sector rotation continued. Positive breadth (1.0:1) on NYSE; relatively high … Continue reading
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04 Dec

Market Update: Monday, December 4, 2017

Market Recap Major U.S. indexes closed lower Friday, but finished mostly higher for the week. Nasdaq underperformed as trades shifted from growth to value. S&P 500 Index -0.2%, Dow -0.2%, Nasdaq -0.4%. Telecommunications, energy led; industrials, materials lagged. Positive breadth … Continue reading
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