Citi Personal Wealth Management
Monthly Market Snapshot
Growth Rebounds in June
June 2021
Investors reversed course in June with S&P 500 Growth stocks rallying 5.6% and S&P 500 Value stocks slipping 1.3%. Interestingly, both indices hit all-time highs in June. The NASDAQ surged 5.5% as investors fled back to comfortable positions as the Federal Reserve signaled that ...
Investors Bought In May
May 2021
The old market adage of "Sell in May and Go Away," did not happen. To the contrary, global equities actually rose 1.4% in the month. In the United States, the Dow Jones rallied 1.9% as cyclical shares rose while the NASDAQ slipped 1.5% as investors trimmed positions.
April Acceleration
April 2021
U.S. economic data have been coming in very strong with the economy growing by an annualized rate of 6.4% in the first quarter of 2021 and the labor market adding 916,000 jobs in March.
Rates March Higher
March 2021
Long-duration interest rates in the U.S. continued to climb higher in March. In the United States, the Dow Jones jumped 6.6% as confidence in the economic outlook gained steam.
February Frenzy
February 2021
Market activity has been frenzied over the past few weeks with heavily shorted stocks being whipsawed and bond yields surging. However, the MSCI All Country World Index still climbed 2.2% in February. In the United States, the S&P 500 gained 2.6% while the Dow Jones jumped 3.2% ...
January Tests Resolutions
January 2021
Financial markets are off to a bumpy start in early 2021 with stocks drifting lower across several regions. The MSCI All Country World Index, a broad measure of stocks globally, fell by 0.5% in January. However, this comes after a 17.3% rally in November and December. In the ...
2020 is Finally Over
December 2020
It’s over! It’s finally over! 2020 has officially come to an end and it is time to take stock of the annual performance of financial markets. The MSCI All Country World Index, a broad measure of stocks globally, rose by 14.3% in 2020.
A November to Remember
November 2020
Globally, stocks surged in November as positive vaccine news and fading U.S. political uncertainty. In the United States, the S&P 500 soared 10.8% while the Dow Jones jumped 11.8%.
More Trick Than Treat in October
October 2020
Globally, stocks tumbled in September as investors sought clarity from Washington and reassessed the path of COVID-19. In the United States, the S&P 500 fell by 3.9% in the month, but still closed the third quarter 8.5% higher.
Spooked in September
September 2020
Globally, stocks tumbled in September as investors sought clarity from Washington and reassessed the path of COVID-19. In the United States, the S&P 500 fell by 3.9% in the month, but still closed the third quarter 8.5% higher.
