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

Related Content

  1. Videos
  2. Articles
  1. How Can I Protect My Portfolio From the Inflation Boogeyman?

    Northern Trust's Mark Carlson, State Street's Chris Goolgasian, and Merk Investments' Axel Merk discuss ways investors can hedge against rising inflation concerns, including the potential usage of commodities, gold, and TIPS, the effects of Fed action, and more.

  2. Merk: Inflation Is Coming

    Recent Fed action has laid the foundation for an inflationary environment in the U.S., and those looking to protect their portfolios should take a hard look at currencies, says Axel Merk of Merk Investments.

  3. Johnson: Don't Fret the Fed

    The Fed has played a key role in nudging the recovery along, but the taper of bond purchases won't torpedo the economy, says Morningstar's Bob Johnson.

  4. Merk: More Hands-On Diversification Required

    Investors can't just rely on the traditional paradigms of diversification, argues Merk Funds' Axel Merk.

Morningstar Indexes: Weekly Market Report

Week ending June 16:  Inflation concerns overshadow Fed chairman's comments.

Morningstar Indexes, 06/20/2006

Markets reacted favorably to comments by Federal Reserve Chairman Ben Bernanke on Wednesday staging a two-day rally. However, persistent concerns about inflation and interest rates dragged the Morningstar US Market Index down on Friday, ending the week of June 16 with a modest 0.2% loss.

Returns from the capitalization indexes suggest a move to larger, more stable stocks as the Morningstar Large Cap Index finished the week up a scant 0.05%, but still well ahead of its mid- and small-cap brethren. The Morningstar Growth Index also ended the week in positive territory, driven entirely by this week's best performing style index, the Morningstar Large Growth Index, up a healthy 0.7%.

Large-growth semiconductor stocks Intel INTC, Broadcom BRCM, and Marvel Technology MRVL jumped by 6.77%, 9.76%, and 10.8%, respectively, after an analyst upgraded the downtrodden sector. However, the bullish sentiment did not carry over to hardware manufacturers, as Dell DELL lost 4.51% and Apple AAPL dropped 2.84%.

The Morningstar Small Growth Index stands out from the rest with a substantial 1.43% loss for the week casting it in deep red. Rambus RMBS, a semiconductor manufacturer, and Equinix EQIX, a network data center operator, both dropped significantly after getting caught up in the growing options back-dating scandal. Shares of index component Intermagnetics General IMGC, a MRI products manufacturer, jumped 20.36% on news of an acquisition by Phillips Electronics.

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

1

©2017 Morningstar Advisor. All right reserved.