Emerging markets are back. Well that may be too broad a generalization. India’s Sensex stock index recently broke through to new highs, surpassing the 2007 and 2010 peaks, and the MSCI Emerging Markets total return index is up more than 3% for the year to date. China’s recovery is still problematic, but investors have seized on last month’s uptick in manufacturing, slight though it was. Follow the link below to our weekly markets report.
The S&P 500 closed last week at an all-time high, and laggard NASDAQ edged back into positive territory for the year to date. Heading into the long Memorial Day weekend, stock market volatility fell to 12-month lows and trading volume was light. Follow the link below to our report on last week’s markets.
The S&P 500 was flat for the week ended May 16, while bonds enjoyed healthy returns – more of the same sort of market action seen most of the time so far this year. Follow the link below to our report.