A surprising May for retailers and improved consumer sentiment bring positive signs to mixed economic data.

As economic reports remain mixed, Consumer Discretionary led sectors on the back of gains from Tesla.

Despite last week’s mixed economic data, U.S. equities finished a strong week on gains from consumer discretionary and real estate.

Market Down and Dirty Last Week’s Economic/Market Summary Data U.S. equities finished the week little changed outside of the Nasdaq. S&P 500 +0.33% Dow -1.00% Russell 2000 +0.02%, Nasdaq +2.51%1 The All-Country World Index declined -0.51%.1 S&P 500 sub-sectors were mostly deeply negative last week. Tech & Consumer Discretionary were the only positive sectors. 1 Materials & Staples led to … Read More

Market Down and Dirty Last Week’s Economic/Market Summary Data U.S. equities finished the week higher on Tech strength & debt ceiling optimism. S&P 500 +1.71% Dow +0.38% Russell 2000 +1.96%, Nasdaq +3.08%1 The All-Country World Index gained +1.11%.1 S&P 500 sub-sectors were mostly higher last week. Tech, Financials, & Consumer Discretionary led to the upside. 1 Utilities, Real Estate, & … Read More