Northstar Articles

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Market Update—Week of June 9, 2025

U.S. stocks rose on strong semiconductor performance, AI momentum, and trade optimism. Tesla lagged on EV credit risks. Cyclicals led despite...

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Market Update—Week of June 2, 2025

U.S. stocks rose as investors looked past trade tensions and found support in strong semiconductor earnings and cooling inflation data. AI momentum helped lift...

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Market Update—Week of May 27, 2025

U.S. stocks fell as long-term bond yields rose on questions over long-term inflation expectations. Markets, digesting the threat of new tariffs on the EU and smartphones, took a risk-off stance. This week, investors will look to...

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Market Update—Week of May 19, 2025

U.S. stocks and bond yields increased as future growth expectations rose after the pause in reciprocal tariffs between the U.S. and China. Technology and consumer discretionary firms rebounded sharply. The week ended on a sour note when Moody’s downgraded the U.S. credit rating.

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Market Update—Week of May 12, 2025

U.S. stocks pulled back after recent gains, led by declines in health care and communication services. Meanwhile, on the global trade front, the U.S. and U.K. reached a tariff framework and U.S.-China...

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Market Update—Week of May 5, 2025

Strong earnings and hiring data helped ease concerns around softening consumer sentiment last week. In a notable development, China granted...

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Market Update—Week of April 28, 2025

Earnings, led by communication services and health care, were better than expected last week. On Friday, China granted certain U.S. products exemptions from reciprocal tariffs, a notable improvement from earlier in the week. The S&P 500 rose for the second time in three weeks.

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Market Update—Week of April 21, 2025

Retail sales, led by motor vehicle and auto parts sales, were stronger than expected. They may have been boosted by buyers trying to get ahead of tariffs. Equities moved lower amid continued global trade tensions. The Treasury yield curve continued to see...

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Market Update—Week of April 14, 2025

Inflation surprised to the downside in March, with Consumer and Producer Price indices showing a contraction of prices. Equities rallied sharply on Wednesday following news of a 90-day pause on tariffs for most countries. The move in the intermediate to long end of the yield curve is worth watching.

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Market Update—Week of March 31, 2025

Consumer confidence continued to struggle; the Conference Board’s gauge of future expectations fell to a 12-year low. U.S. equities moved lower amid tariff concerns and a hotter-than-expected inflation report. The focus this week will be...

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Market Update—Week of March 24, 2025

Although lower rates supported home sales, home builder sentiment continued to sour. U.S. equities snapped a four-week streak of declines as the quarterly blackout period led to more muted market action. Releases this week include...

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Market Update—Week of March 17, 2025

Consumer and producer inflation moderated in February. Equities continued to display volatility as bonds held steady. The focus this week will be on...

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Market Update—Week of March 3, 2025

Consumers’ short-term outlook for income, the business environment, and the labor market fell sharply. The so-called Magnificent Seven led equities lower. The market seemed concerned about tariffs, falling consumer confidence, and inflation. The focus this week will be on...

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Market Update—Week of February 24, 2025

Home builder confidence fell notably in February, signaling headwinds for the housing industry. Soft economic data and weak guidance from Walmart led equities lower last week. Economic data releases this week will cover...

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Market Update—Week of February 18, 2025

Consumer and producer prices rose more than expected, leading to questions about the potential reacceleration of inflation. In equity markets, technology (paced by Nvidia and Apple) and international stocks led the way. The Treasury yield curve was little changed. Quick Hits 1. Report releases: Consumer and producer prices rose more than expected. 2. Financial market data: Led by Nvidia and Apple, technology stocks bounced back. 3. Looking ahead: Economic releases this week will focus on housing and the Federal Reserve (Fed). Keep reading for an in-depth look.

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Market Update—Week of February 10, 2025

Although hiring slowed in January, the previous month’s job totals were revised up and the unemployment rate fell to 4 percent. International equities outperformed as a weaker dollar offset...

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Market Update—Week of February 3, 2025

In part because of lower inventory levels, gross domestic product (GDP) growth slowed to 2.3 percent in the fourth quarter. International markets fared better than their U.S. counterparts; AI competition from China led to...

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Market Update—Week of January 27, 2025

Economic data was mixed, with stronger-than-expected existing home sales and a softer-than-expected Purchasing Managers Index (PMI). International markets fared well, thanks to...

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Market Update—Week of January 21, 2025

The core Consumer Price Index (CPI) rose 3.2 percent year-over-year; this softer-than-expected inflation fueled a rally in stocks and bonds. Many major banks released earnings, most of which were strong, and some...

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Market Update—Week of January 13, 2025

Minutes from the latest Federal Open Market Committee (FOMC) meeting and worsening consumer expectations hinted at...

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