Weekly Commentary: Just The Facts

2025-12-26 22:10:00 ET

For the Week:

The S&P 500 gained 1.4% (up 17.8% y-t-d), and the Dow rose 1.2% (up 14.5%). The Utilities advanced 1.2% (up 13.8%). The Banks rose 1.8% (up 32.1%), and the Broker/Dealers added 1.3% (up 31.0%). The Transports increased 0.5% (up 11.0%). The S&P 400 Midcaps gained 0.7% (up 8.1%), and the small cap Russell 2000 added 0.2% (up 13.6%). The Nasdaq 100 gained 1.2% (up 22.0%). The Semiconductors jumped 2.0% (up 44.7%). The Biotechs increased 0.7% (up 29.6%). With bullion jumping $194, the HUI gold index surged 4.3% (up 171.3%).

Three-month Treasury bill rates ended the week at 3.5425%. Two-year government yields were unchanged at 3.48% (down 76bps y-t-d). Five-year T-note yields were about unchanged at 3.70% (down 69bps). Ten-year Treasury yields slipped two bps to 4.13% (down 44bps). Long bond yields declined three bps to 4.80% (up 1bp). Benchmark Fannie Mae MBS yields fell four bps to 5.04% (down 81bps)....

Read the full article on Seeking Alpha

For further details see: