• / Free eNewsletters & Magazine
  • / My Account
Home>Research & Insights>Investment Insights>Morningstar Indexes: Weekly Market Report

Related Content

  1. Videos
  2. Articles
  1. Reform Brings Student Loan Relief, But Debt Still Weighs

    Student-lending rates this fall will be lower than they were previously, thanks to a deal recently struck on Capitol Hill, but millions remain in default.

  2. Session 2: Midyear Portfolio Checkup and Risk Factor Review

    Director of personal finance Christine Benz will help you check your true exposures and stress-test your holdings in session 2 of Morningstar's 2012 Midyear Financial Checkup.

  3. Is a 529 College-Savings Plan Right for You?

    Fees, tax benefits, and restrictions are among the key considerations for college savers thinking of investing in a 529 college-savings plan.

  4. Experts Answer Your Retirement Questions

    Financial planner Mark Balasa and Morningstar's Christine Benz and David Blanchett tackled viewers' most pressing retirement questions, from determining savings rates and income needs to planning for Social Security and maximizing retirement accounts.

Morningstar Indexes: Weekly Market Report

Week ending July 14

Morningstar Indexes, 07/18/2006

Escalating hostilities in the Mideast raised concerns over energy supplies, pushing oil prices to record highs again last week. This, coupled with slower than expected growth in retail sales, drove the Morningstar US Market Index down for the fifth week in a row. Last week's 2.5% loss wiped away virtually all of this year's gains, resulting in a slight 0.16% return for the year as of July 14.

None of the style indexes were spared in last week's pullback as losses ranged from 1.2% to 4.6%. However, the Morningstar US Value and Large Cap Indexes weathered the storm better than the rest, while the Morningstar Small Growth Index continued to plummet, dropping 13.8% over the trailing 3-months and a whopping 4.6% last week. The best performer among the nine Morningstar style indexes was once again the Morningstar Large Value Index--down 1.2% for the week. Oil stocks Exxon Mobil and Chevron gave the index a boost with a gain of 3.28% and 4.24%, respectively. Conversely, banking stocks pulled the index down with, Citigroup, JPMorgan Chase, and Morgan Stanley all shedding 3% or more.

A 22% exposure to hardware and software sectors, contributed to the Morningstar Small Growth Index's dismal performance. Wireless equipment manufacturer InterDigital Communications dropped 21% and semiconductor manufacturer SiRF Technologies lost 15% for the second week in row

For a more in-depth look into market performance, view the PDF report U.S. Market Overview.

1
blog comments powered by Disqus
Upcoming Events
Conferences
Webinars

©2014 Morningstar Advisor. All right reserved.