The S&P 500 declined approximately 0.8% this week, reflecting a modest pullback after recent strength as investors recalibrated expectations for the path of interest rates. Midweek data pointed to a still-resilient economy—particularly in services activity and labor market readings—reinforcing the
U.S. equities finished the week higher, supported by resilient macro data and stable rate expectations, but gains came against a rapidly escalating geopolitical backdrop centered on the Strait of Hormuz—a critical artery for global energy supply. Iran reasserted control over
U.S. equities rebounded strongly this week, with the S&P 500 rising 2.4% and the Nasdaq Composite gaining 3.0%, marking the strongest weekly performance of the year. After a choppy first quarter, both indices recovered some lost ground, though year-to-date performance
Author: Kip Lytel, CFA U.S. equities extended their pullback this week, with the S&P 500 declining roughly 1.8%, the Dow Jones Industrial Average falling about 2.0%, and the Nasdaq Composite lower by approximately 2.2%. From their recent highs earlier this
Montecito Capital Management: Weekly Market Update – Week Ending Friday the 13th It was an appropriately unlucky week for markets, with risk assets retreating amid geopolitical tensions, softer economic data, and renewed volatility in energy markets. For the week ending
U.S. equities finished the week lower as volatility returned across global markets. The Dow Jones Industrial Average declined approximately 3.0% for the week, while the S&P 500 fell about 2.0% and the Nasdaq Composite slipped roughly 1.2%. Markets experienced sharp
Author: Montecito Capital Management U.S. equities closed the week ending February 27, 2026 modestly higher, as investors navigated persistent inflation concerns alongside evidence that economic growth remains intact. The S&P 500 gained approximately 0.8%, the Dow Jones Industrial Average advanced
Author: Montecito Capital Management For the week ending February 20, U.S. equity markets stabilized and moved modestly higher as investors welcomed greater clarity around trade policy, even amid lingering uncertainty. The S&P 500 rose 1.1%, the Dow Jones Industrial Average
Markets whipsawed over the week as investors rotated between optimism around AI-driven productivity gains and renewed valuation caution. Early strength faded as participants reassessed how much future growth is already priced in, leaving a more defensive tone into the close
Author, Montecito Capital Management For the week ending February 6, U.S. equities delivered a split verdict. The Dow Jones Industrial Average advanced solidly, supported by rotation into cyclicals and industrial leadership, while the S&P 500 hovered around flat and the