Financial Markets & EconomyWeekly Capital Market Updates

EWM Weekly Capital Market Highlights for Week Ending 9/20/2019

By September 23, 2019 No Comments
  • Among equities, large caps outperformed small caps; value stocks led growth stocks; domestic stocks under performed international stocks; and emerging markets under performed developed markets.
  • Treasury yields trended downward during the week. The yield on the 10-Year U.S. Treasury Note fell roughly eight basis points during the week and ended around 1.76%.
  • Commodity indices were mixed during the week. Crude oil prices spiked early in the week but returned to prior-week levels by the week’s end. Natural gas prices marginally declined, while gold and silver prices held roughly flat throughout the week.
  • The US dollar increased over the week despite the Fed lowering interest rates. The resilient US economy and low inflation have bolstered the currency’s safe-haven status.
  • Among economic data released last week, August housing starts surged past expectations, with 1.4 million starts recorded after only 1.3 million were expected. Additionally, jobless claims for the week of September 14 came in lower than consensus estimates, indicating the job market remains robust.

Click here to download the complete weekly report: EWMWeeklyReview 9.20.19

Disclosure: Past performance is not necessarily indicative of future results.