Weekly Market
Update

Read about last week’s market
highlights, closing performance,
market indicators and the
week ahead.

The global equity market remained volatile last week with the MSCI AC World Index falling for a fifth consecutive week (down 1.5% on the week). In the United States, equity markets were whipsawed on Wednesday and Thursday, but the Dow Jones and the S&P 500 both closed the week ...

Fast and Furious

May 2, 2022

The global stock market rout continued last week with the MSCI AC World Index falling 2.7% (it is down 13.4% year-to-date). In the United States, the S&P 500 tumbled 3.3% while the NASDAQ shed 3.9% on weaker-than-expected technology company earnings.

Has U.S. Inflation Peaked?

April 18, 2022

The MSCI AC World Index pulled back 1.7% last week – its second consecutive week of losses. In the United States, the S&P 500 dropped 2.1% while the interest-rate sensitive NASDAQ tumbled 2.6%.

Too Much or Not Enough?

April 11, 2022

The MSCI AC World Index pulled back last week – falling 1.5% as global bonds yields pushed higher. In the United States, the S&P 500 dropped 1.5% while the interest-rate sensitive NASDAQ tumbled 3.9%.

Breaking the Cycle

April 4, 2022

The MSCI AC World Index logged its third straight week of gains as oil prices continued to ease. In the United States, the S&P 500 was basically flat while the Dow Jones fell slightly, and the NASDAQ rose 0.7%.

Walking a Tightrope

March 28, 2022

The MSCI AC World Index logged its second straight week of gains – a welcome reversal after five consecutive weeks of declines.

March Madness

March 21, 2022

Globally, stocks surged with the MSCI AC World Index climbing 5.7% as oil prices eased amid growing rumors of a Russia / Ukraine cease fire.

The Fed Decides

March 15, 2022

Globally, stocks sold-off as oil prices surged nearly 25% last week. Unsurprisingly, European stocks bore the brunt of the sell-off with the MSCI Europe USD index down a steep 9.6% as the region remains uniquely exposed to Russian energy supplies. The S&P 500 fared much better ...

Treading Carefully

March 7, 2022

Important Information

An investor cannot invest directly in an index. They are shown for illustrative purposes only and do not represent the performance of any specific investment. Index returns do not include any expenses, fees or sales charges, which would lower performance.

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.

S&P 500 Index is an unmanaged, market value-weighted index of 500 stocks generally representative of the broad stock market. An investment cannot be made directly in a market index.

Dow Jones Industrial Average is a price-weighted index of the 30 “blue-chip” stocks and serves as a measure of the U.S. market, covering such diverse industries as financial services, technology, retail, entertainment and consumer goods. An investment cannot be made directly in a market index.

The Nasdaq composite index is a market-capitalization weighted index of more than 3,000 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks.

The MSCI Europe Index captures large and mid-cap representation across 15 Developed Markets (DM) countries in Europe. With 444constituents, the index covers approximately 85% of the free float-adjusted market capitalization across the European Developed Markets equity universe.

The MSCI Japan Index is designed to measure the performance of the large and mid-cap segments of the Japanese market. With 320 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in Japan.

The MSCI Emerging Markets Index reflects performance of large and mid-cap stocks in roughly 20 emerging markets.

The Citi World Broad Investment Grade Bond index is weighted by market capitalization and includes fixed rate Treasury, government sponsored, mortgage, asset backed, and investment grade (BBB–/Baa3) issues with a maturity of one year or longer and a minimum amount outstanding of $1 billion for Treasuries, $5 billion for mortgages, and $200 million for credit, asset-backed and government-sponsored issues.

The Citi U.S. Broad Investment-Grade Bond Index (USBIG) tracks the performance of US Dollar-denominated bonds issued in the US investment-grade bond market. Introduced in 1985, the index includes US Treasury, government sponsored, collateralized, and corporate debt providing a reliable representation of the US investment-grade bond market. Sub-indices are available in any combination of asset class, maturity, and rating.

The Euro Broad Investment-Grade Bond Index (EuroBIG) is a multi-asset benchmark for investment-grade, Euro-denominated fixed income bonds. Introduced in 1999, the EuroBIG includes government, government-sponsored, collateralized, and corporate debt. Sub-indices are available in any combination of asset class, maturity, and rating.

The Citi Emerging Market Sovereign Bond Index (ESBI) includes Brady bonds and US dollar-denominated emerging market sovereign debt issued in the global, Yankee and Eurodollar markets, excluding loans. It is composed of debt in Africa, Asia, Europe and Latin America. We classify an emerging market as a sovereign with a maximum foreign debt rating of BBB+/Baa1 by S&P or Moody's. Defaulted issues are excluded.

The US High-Yield Market Index is a US Dollar-denominated index which measures the performance of high-yield debt issued by corporations domiciled in the US or Canada. Recognized as a broad measure of the North American high-yield market, the index includes cash-pay, deferred-interest securities, and debt issued under Rule 144A in unregistered form. Sub-indices are available in any combination of industry sector, maturity, and rating.

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