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There was a steady stream of noteworthy news this week, but none of the headlines moved the S&P 500 in a significant way. The benchmark index ended the week almost exactly flat, adding less than one point. The tech-heavy Nasdaq outperformed, adding 1.3%, while the Dow lagged, losing 0.9%.
The U.S. equity market advanced for the third week in a row, with the benchmark S&P 500 index adding 1.6%. The Dow Jones was particularly strong, adding 2.8%, while the Nasdaq and the Russell 2000 touched new record highs, finishing the week with respective gains of 1.2% and 1.5%.
Investors continue to face a wall of worry built on international trade, but reinforced by concerns over Italian banks, relations with North Korea, and more. But even with all these concerns, U.S. stocks overall are positive for the year.
Large-cap stocks gave a little back this week, with the S&P 500, Nasdaq, and the Dow losing between 0.5% and 0.7%. However, shares of smaller, domestically-focused companies outperformed, sending the Russell 2000 higher by 1.2%.
In 2014, oil prices collapsed from over $100 to below $30 two years later. Recently, oil has quietly crept back into the news as it hits $70. This recovery has been driven by both supply and demand.
Buyers returned to the market this week following a three-week absence during the thick of the first quarter earnings season.
The S&P 500 was up and down this week, but ended little changed, closing a tick below its flat line. The Nasdaq and the Dow Jones, meanwhile, finished the week with losses of 0.4% and 0.6%, respectively, and the small-cap Russell 2000 lost 0.5%.
Let me state the obvious - it has not been a fun year for investors. But there are plenty of reasons to be optimistic, even if the market is not reflecting this at the moment.
The U.S. stock market notched its second consecutive weekly advance this week, but losses on Thursday and Friday put a damper on returns going into the weekend. The S&P 500 added 0.5% this week, while the Dow Jones Industrial Average and the Nasdaq Composite climbed 0.4% and 0.6%, respectively.
We hope you enjoy the 1st Quarter 2018 Newsletter. We've included articles on the markets, economy, and financial planning. Also, join us in welcoming Lottie Hensley to the Financial Synergies Team!
Stocks got a win this week, with all the major indices advancing. The tech-heavy Nasdaq Composite gained 2.8%, while the S&P 500 and the Dow Jones Industrial Average advanced 2.0% and 1.8%, respectively.
This report features world capital market performance and a timeline of events for the first quarter of 2018. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
It was a losing week for the equity market and another volatile one at that. The major indices were all over the place, twisting and turning amid a barrage of headlines that played into its fears about trade wars and rising interest rates.
In a nutshell, the 1st Quarter was defined by tariffs, technology, rates, and volatility. All the while the global economic engine kept chugging, and remains fundamentally strong.
Equities gave a little back this week, undoing about a third of last week's rally, as investors continued to search for equilibrium following the abrupt sell off in early February.

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