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US equities fell for a second week in trading through Friday, July 26, based on the S&P 500 Index. The slide marks the first back-to-back weekly decline since April. No one knows at this point whether this is noise or the start
Despite The Latest Correction, U.S. Stocks Still Lead Global Markets
Summary
- US equities fell for a second week in trading through Friday, July 26, based on the S&P 500 Index.
- American shares are up 14.5% year to date.
- A possible catalyst that could influence market sentiment in the days ahead: employment numbers for July.
James Picerno is the director of analytics at The Milwaukee Co., a wealth manager that is the adviser to The Brinsmere Funds, a pair of global asset allocation ETFs. He also edits CapitalSpectator.com and The US Business Cycle Research Report (CapitalSpectator.com/premium-research). He is the author of three books, including "Quantitative Investment Portfolio Analytics In R: An Introduction To R For Modeling Portfolio Risk and Return." Previously he was a financial journalist at Bloomberg and before that at Dow Jones.