Financial Markets & Economy

EWM Weekly Capital Market Highlights for Week Ended 07/20/2018

By July 20, 2018 No Comments

WEEKLY CAPITAL MARKET HIGHLIGHTS:

  • Among equities, small caps outperformed large caps; growth stocks beat value stocks; international stocks essentially matched the performance of US stocks; and emerging markets under performed developed markets.
  • Treasury yields little changed. The yield on the 10-year Treasury Note stayed close to the 2.85% level.
  • Commodity indices declined slightly, dragged down mainly by sliding gold price, which hit a 52-week low during the week.
  • The dollar’s rise slowed somewhat, after President Trump complained about the strong dollar.
  • Among major economic data, retail sales surged, housing starts plunged, and jobless claims hit a multi decade low.

Click here to download the complete weekly report: EWMWeeklyReview 7.20.18

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