Top Nav

Stock Market Today

Three-quarters of the way through 2013, the stock market today has performed admirably. The average diversified U.S. stock fund soared 7.7% from July through September.

The third-quarter gain, the best since the first quarter, brings 2013’s average gain to 21.6% vs. 20.5% for the S&P 500 index. If the year were to end here, it would be the best one since 2009.

stock-market-todayStock Market Today 

  • Average stock gains 21.6%.
  • Emerging markets sell off.
  • Influenced by news of the day.

Small company growth funds jumped 12.8% the third quarter, bringing the 2013 gain to 32.2%. The biggest improvement through the third-quarter 2013 happened with precious metals funds, up 11.4%, thanks to a big rebound in gold prices.

Health and biotechnology funds were up 13.9% for the third quarter and 38.3% for the year.

Global science and technology funds rose 13.4% for the quarter and 22.5% for the year. The top fund for the quarter was Direxion China Bull 3X fund, up 93.6%. It uses leverage to capture the Chinese market’s gains and losses.

Some international funds also fared well. European funds gained 13.1% for the quarter, and international large-cap core funds — your basic diversified large-company international fund — jumped 11.6%.

Emerging markets funds, however, gained 5.5% for the quarter, and are still down 2.2% for 2013. India funds fell 6.5%, and real estate funds lost 1.7%.

Stock Market Today: Looking Ahead

However, the stock market is being influenced by a number of issues: a shutdown by the federal government, a threat by the Fed to reduce economic stimulation, unrest in the Middle East and a month—October—that historically has a bad reputation.

Historically, stocks have managed to advance the vast majority of the time (10 out of 11 occurrences) in the two weeks following a government shutdown. In addition, a Bloomberg report stated that since 1976, the S&P has risen 11% on average in the 12 months post-shutdown.

News of the day is likely to dominate trading in the coming days and weeks so should new tensions break out in the Middle East, investors may take profits and put new money to work in gold or bonds, both safe havens.

Wyatt Research Week in Review: July 26-Aug. 1

Just when it seemed like things were settling down slightly in China, the wheels fell off.

Will the Fed Raise Interest Rates in September?

A lot can happen over the next seven weeks. But there's a very real possibility that the Fed will finally raise interest rates at its September meeting.

Putin’s Russia: A Contrarian Value Opportunity

Putin’s Russia isn't for every investor. But with dirt cheap valuations, brave investors should consider dipping their toes in the Russian equity waters.

Wyatt Research Week in Review: July 19-25

After weeks of not being able to pick up a newspaper without seeing the words Greece or China emblazoned front and center, things have settled down a bit.

What’s Next for Treasury Bonds?

There's a lot of anxiety surrounding Treasury bonds. Many institutions and investors peg their hopes, dreams and fears around this particular investment.

More Recent Stock Market Today Articles

View All Stock Market Today Articles

Daily Profit Offer

test test test
Sign-up for Daily Profit and each day you'll receive profitable stock recommendations and useful stock market insights that can add wealth to your portfolio immediately. Our research is guided by a simple principle: avoid risk and focus on buying assets at a discount.
You've successfully subscribed, click the link in your email to confirm your subscription.
There was an error, and you have not been subscribed, please try again.