Weekly Market Update

Last week’s market highlights, closing
performance,
market indicators and the week ahead.

weekly market update | 4 min read

Navigating Markets Without Government Data

October 6, 2025

The US Government shutdown enters its second week, with no resolution in sight. But as discussed in this week’s CIO Bulletin, its impact may not be lasting or deep – for both capital markets and the economy at large. There have ...

weekly market update | 4 min read

Adjusting to a New Nominal

September 29, 2025

Of the 176 components of trimmed mean PCE prices, 36% posted one-month annualized gains of 5% or faster in August.

weekly market update | 4 min read

Record Highs as Fed Cuts Rates

September 22, 2025

The S&P 500, Dow, and Nasdaq rose by 1.22%, 1.05%, and 2.21%, respectively.

weekly market update | 4 min read

Market Crossroads: Fed, AI, and Trade

September 15, 2025

Last week, the S&P 500, Dow, and Nasdaq rose by 1.59%, 0.95%, and 2.03%, respectively. US markets were driven by signs of a softening economy and growing expectations of Fed rate cuts.

weekly market update | 4 min read

Labor Dynamics Argue for Fed Support

September 8, 2025

On the surface, the disappointing August labor market report (+22K jobs vs. +75K expected) in the US confirmed a sluggish jobs market and solidified a Federal Reserve rate cut at their meeting this month.

weekly market update | 4 min read

Powell Opens Door to Rate Cuts

August 25, 2025

In his Jackson Hole speech, Chair Powell suggested that downside risks to employment are rising and opened the door for lowering rates in September, in line with our expectation for a 25bps cut.

weekly market update | 4 min read

Markets Near Highs

August 18, 2025

The S&P 500, Dow, and Nasdaq advanced by 0.94%, 1.74%, and 0.81%, respectively. This week, all eyes will be on the Fed’s Jackson Hole Symposium on August 21-23 and developments following Presidents Trump and Putin meeting on ...

weekly market update | 4 min read

Stocks Post Summer Gains

August 11, 2025

The S&P 500, Dow, and Nasdaq advanced by 2.43%, 1.35%, and 3.87%, respectively. A wave of new tariffs unsettled investors. Markets also grappled with soft ISM Services data coupled with a firm prices component as signaling a ...

weekly market update | 4 min read

Big Tech Triumphs While Macro Signals Are Mixed

August 4, 2025

Last week was a reminder that the market is not the economy. Solid GDP data and signs of tariff-driven inflation supported the Federal Reserve decision to hold policy rates steady.

weekly market update | 4 min read

Earnings Defy Policy Pressures

July 21, 2025

S&P 500 second quarter earnings are off to a better-than-expected start. With just over 10% of S&P 500 companies reporting, 2Q25 results are beating expectations by 7.8% and are up 10.5% from a year ago.

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The MSCI ACWI (All Country World Index) captures large and mid cap representation across 23 Developed Markets (DM) and 23 Emerging Markets (EM) countries. With 2,483 constituents, the index covers approximately 85% of the global investable equity opportunity set.

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