New Equity Milestones07/26/2021

Share:

Latest - Insights Latest - Insights Latest - Insights Latest - Insights Latest - Insights

July 19 - 23, 2021 Recap

S&P 500 Posts Seventh Weekly Gain in Past Nine Weeks
Equities rebounded last week with all three major U.S. equity indices finishing at fresh all-time highs as better-than-expected earnings trumped early-week concerns over rising Delta variant caseloads. On Monday, the viral scare drove the Dow Industrials down 725 points for its worst single-day loss of 2021 but by Tuesday, earnings optimism ignited a four-day rebound that was led most from stay-at-home themed companies.

For the Week...
The S&P 500 advanced 1.97% to clinch its 40th record high this year. The Dow Industrials netted a 1.08% gain, topping 35,000 for the first time. Notably, the Dow marked its fastest 5,000-point runup, taking just 165 trading days to reach 35K from 30K. Lastly, the tech-heavy Nasdaq Composite surged 2.84%.

For more insights, download our full recap.

Latest - InsightsCIM Weekly Recap 072621.pdf Latest - Insights

The Weekly Recap is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.

Latest News - Latest Insight Detail - Subscription

Want more insights like this, sent straight to your inbox?

Subscribe to email updates from Cetera and be well informed about what’s happening within the market and the financial services industry overall.

Drop Us a Line

Looking to be part of something more? Get in touch to learn about the benefits of affiliating with Cetera and start taking the next steps to a stronger future.


Account Assistance

If you are a client of a Cetera-affiliated financial professional and need assistance with an existing account, please reach out to your financial professional directly. If you’re unable to reach them, use our direct support lines listed below.

Join the Community

If you’re a financial professional interested in learning more about affiliating with Cetera Financial Group, please complete the form.