… it seemed our upward spike was short lived.
Although it fell over 1.5% it’s important to note that Technology is still positive YTD at 12.65%!
The same cannot be said for most other US Equities:
- Large, Mid and Small Cap Value all moved together, with each dropping 3.4-3.9%
- Likewise Large, Mid and Small Cap Growth moved similarly with each falling between 2.17-2.34%
- REITS also retreated 3.53%
Foreign Stocks were down as well, although not as significantly.
The only benchmarks that saw a little gain were… BONDS. Up but barely budging.
- Foreign Bonds +0.21%
- Short Term Treasuries +0.05%
- Short Term Corporate Bonds +0.07%
- Intermediate Term Treasuries +0.17%
- And TIPS +0.59%
Have a wonderful and safe Independence Day!
Indexes are listed in respective order to their reference above: DJ Industrial Average TR USD, S&P 500 TR, DJ US TSM Large Cap Growth TR USD, NASDAQ 100, Technology NTTR TR USD, DJ US Health Care TR USD, DJ US TSM Large Cap Value TR USD, DJ US TSM Mid Cap Growth TR USD, DJ US TSM Mid Cap Value TR USD, DJ US TSM Small Cap Growth TR USD, DJ US TSM Small Cap Value TR USD, FTSE NAREIT All Equity REITs TR, DJ Gbl Ex US Select REIT TR USD, Bloomberg Commodity TR USD, MSCI EAFE NR USD, MSCI EAFE Growth NR USD, MSCI EAFE Value NR USD, MSCI EAFE Small Cap NR USD, MSCI EM NR USD, BBgBarc US Corporate High Yield TR USD, FTSE WGBI NonUSD USD, JPM EMBI Plus TR USD, BBgBarc US Govt 1-3 Yr TR USD, ICE BoafAML 1-3Y US Corp TR USD, BBgBarc Intermediate Treasury TR USD, BBgBarc Interm Corp TR, BBgBarc US Treasury US TIPS TR USD. These materials have been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance references are to benchmark indexes. Performance of specific funds will vary from respective benchmarks. Past performance is not an assurance of future results. Each index cited is provided to illustrate market trends for various asset classes. It is not possible to invest directly in an index. Neither do Indexes reflect individual investor costs, e.g. trading, expense ratios & potential advisory fees.