U.S. Markets: The large-cap benchmarks narrowly managed a third consecutive week of gains, while smaller-cap shares lagged slightly. The Dow Jones Industrials finished the week up just 19 points to 28,606. The technology-heavy NASDAQ Composite added 0.8% to close at...
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U.S. Markets: The large cap benchmarks managed to break a string of four consecutive weekly losses and moved higher, although gains were more robust in small and mid-caps. Most sectors within the S&P 500 index recorded modest positive returns, with the exception...
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U.S. Markets: U.S. stocks finished the week lower as investors suddenly took profits on Thursday and Friday after setting new all-time highs on Wednesday on several benchmark indexes. The technology-heavy NASDAQ Composite index suffered the deepest decline, giving up...
U.S. Markets: U.S. stocks continued to grind higher on largely positive news flow about potential vaccines and treatments for COVID-19. Continuing the recent prevailing trend, higher-valuation growth stocks outperformed lower-priced value companies and large-cap...
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Previous Research UpdatesRiverbend Investment Management is a Registered Investment Advisor (RIA), established in 2006 with the primary goal to provide actively managed investment strategies to both individual and institutional clients.Privacy Policy | Disclosures ©...
This week, we are seeing a continuing trend of weakness in the equity markets. Mixed inflation data and Fed meeting notes have put investors on hold causing the S&P 500 to test its intermediate trend: Our index and sector matrices are indicating that the market is...