Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.
Major U.S. indexes ended mixed last week. The S&P 500 increased by 1.57%, the Dow Jones Industrial Average was up 1.36%, the NASDAQ Composite was down 0.58%, and the Russell 2000 small-capitalization index lost 2.88%. The 10-year Treasury bond yield fell 4 basis points to 1.68%, as Treasury bonds rose for the week. Last week, spot gold closed at $1,732.52, down 0.73%.
Did you know that April is Financial Literacy Month? And that April 10–17, 2021, is Money Smart Week? Financial Literacy Month was designated officially by the United States Senate in 2004 via Resolution 316, during the administration of George W. Bush. (Interestingly, Barbara Bush was passionate about many literacy causes and started the Barbara Bush Foundation for Family Literacy in 1989.)
U.S. equity markets posted gains in two of the three major indexes last week. The S&P 500 gained 1.57%, the Dow Jones Industrial Average gained 1.36%, and the NASDAQ Composite lost 0.58%.
Last week, the gold spot price was down 0.73% and the U.S. Dollar Index was up 0.92%.
Gold prices moved sideways last week, closing at $1,732.30 per ounce.