Weekly Capital Market Updates

EWM Weekly Capital Market Highlights for Week Ended 04/27/2018

By April 27, 2018 July 9th, 2018 No Comments

WEEKLY CAPITAL MARKET HIGHLIGHTS:

  • Among equities, large caps outperformed small caps; value stocks led growth stocks; domestic stocks outperformed international stocks; and developed markets trailed emerging markets.
  • The yield on the 10-year Treasury Note hit 3%. The yield on the 10-year Treasury Note finally hit 3%, the first time since January 2014.
  • Commodity indices slid. Both crude oil and gold prices fell.
  • Dollar jumped. The dollar rose sharply versus all major currencies, driven by higher bond yields.
  • Among major economic data, 1Q/2018 GDP grew at a better-than-expected annualized pace of 2.3%; home prices continued to surge, with S&P CoreLogic Case-Shiller 20-City Composite City Home Price NSA Index jumping 6.8% in February from a year ago; the job market remains strong, with jobless claims continuing to fall.

Click here to download the complete weekly report: Endowment Wealth Management Weekly Review April 27, 2018

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