You are receiving this email per your subscription to Weekly Market Recap. Manage your email subscriptions. Having trouble viewing this email? Click here. Funds and performance | Advisor center Weekly Market Recap S&P RECORD: The S&P 500 closed above 1,900 points for the first time on Friday after climbing for the third day in a row. Stocks posted modest gains for the week and rebounded from a negative result the previous week. U.S. HOUSING COMEBACK: Monthly data on sales of existing homes and new homes exceeded expectations. Analysts said the housing recovery appears to be picking up again in the wake of disappointing results earlier this year. SMOOTH RIDE: The CBOE Volatility Index fell to its lowest level in more than 14 months. The decline suggests that investors are relatively unconcerned about potential sharp moves up or down in stocks over the next 30 days. Returns* as of 5/23/14 Index/Market Close as of 5/23 Week (%) YTD (%) Dow Jones Industrial Average 16,606.3 0.7 0.2 NASDAQ Composite Index 4,185.8 2.3 0.2 S&P 500 Index 1,900.5 1.2 2.8 MSCI EAFE Index 1,938.6 0.3 1.2 Barclays U.S. Aggregate Bond Index 1,870.1 0.0 3.5 Bank of America Merrill Lynch U.S. High Yield Master II Index 1,067.4 0.1 4.4 Barclays Municipal Bond Index 1,035.4 -0.1 5.6 10–Year U.S. Treasuries (Yield) 2.54% 0.8 -16.4 Oil ($/barrel) 103.0 0.9 4.6 Gold ($/oz) 1,293.0 0.0 5.5 Equity data reflect price changes, not total return. Map of the market** U.S. equity size and style returns(%) as of 5/23/14 Below is an update from John Hancock. People ask me what the market is going to do. No one can predict the market not even the experts. The real question is how do you protect gains when you make them? Call Shelton Financial Services to find out how. 203-400-0080. Market-moving headlines: week ended May 23 ■TOUGH TUESDAY: The Dow dropped nearly 138 points on Tuesday to its lowest closing level in nearly a month. Disappointing earnings results from retailers such as Staples and Dicks Sporting Goods weighed on stocks. ■FED CATALYST: The release on Wednesday of minutes from the latest Federal Reserve Board meeting helped to send stocks higher. Analysts said the minutes showed that Fed officials have set no timetable to raise interest rates, suggesting theyre not in a hurry. ■RUSSIA-CHINA ALLIANCE: China and Russia finalized a $400 billion deal that will strengthen ties between the two nations as Western countries continue to confront Russia over the Ukrainian conflict. Russia agreed to supply natural gas to China for 30 years, beginning in 2018. ■THAI INSTABILITY: Thailands military declared martial law and later removed the nations elected government. The developments add to recent instability in Southeast Asia that has rattled many foreign investors. ■CUTS AT TECH GIANT: Hewlett-Packard announced plans to cut 11,000 to 16,000 jobs as part of a multi-year restructuring plan for the struggling technology company. ■YIELD WATCH: The yield on the 10-year U.S. Treasury bond remained little changed at slightly above 2.50%. In the prior week, the 10-year yield sank to its lowest level in 10 months. ■SLOW GROWTH: Investors will get another update Thursday on the state of the U.S. economic recovery. The government will update its estimate of first-quarter gross domestic product growth. An initial estimate showed GDP grew at an annual rate of just 0.1%, perhaps due to harsh winter weather. The week ahead: May 26 – May 30■Monday: Memorial Day holiday, U.S. markets closed ■Tuesday: Durable goods orders, U.S. Census Bureau; S&P/Case-Shiller 20-City Composite Home Price Index; Consumer Confidence Index, The Conference Board ■Wednesday: No major reports scheduled ■Thursday: First-quarter U.S. GDP, second estimate, U.S. Bureau of Economic Analysis; pending home sales, National Association of Realtors ■Friday: Personal income and consumer spending, U.S. Bureau of Economic Analysis; Thomson Reuters/University of Michigan Consumer Sentiment Index, final results A funds investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus includes this and other important information about the fund. To obtain a prospectus, call your financial professional, John Hancock Investments at 800-225-5291 or visit our website at jhinvestments. Please read the prospectus carefully before investing or sending money. *Source: Bloomberg and Morningstar Direct. The Dow Jones Industrial Average is a price-weighted index composed of 30 widely traded blue-chip U.S. common stocks. The NASDAQ Composite Index is a market-value weighted index of all common stocks listed on the NASDAQ stock exchange. The S&P 500 Index is an unmanaged index of 500 widely traded common stocks and is generally representative of the market for stocks of large-sized U.S. companies. The MSCI EAFE Index is a large-capitalization international stock index that measures market performance in Europe, Australasia and the Far East. Performance figures assume reinvestment of dividends and capital gains. The Barclays U.S. Aggregate Bond Index is comprised of government securities, mortgage-backed securities, asset-backed securities, and corporate securities to simulate the universe of bonds in the market. The Bank of America Merrill Lynch U.S. High Yield Master II Index comprises U.S. currency high-yield bonds issued by U.S. and non-U.S. issuers. The Barclays Municipal Bond Index is an unmanaged index representative of the tax-exempt bond market. **Source: Bloomberg. Large value is represented by the Russell 1000 Value Index, an index containing those securities in the Russell 1000 Index with a less-than-average growth orientation. Large blend is represented by the Russell 1000 Index, an index of the 1,000 largest companies in the Russell 3000 Index. Large growth is represented by the Russell 1000 Growth Index, an index containing those securities in the Russell 1000 Index with higher price-to-book ratios and higher forecasted values. Mid value is represented by the Russell Midcap Value Index, which includes those Russell Midcap Index companies with a less-than-average growth orientation. Mid blend is represented by the Russell Midcap Index, which contains approximately 800 of the smallest companies in the Russell 1000 Index. Mid growth is represented by the Russell Midcap Growth Index, which includes those Russell Midcap Index companies with higher price-to-book ratios and higher forecasted growth values. Small value is represented by the Russell 2000 Value Index, which measures the performance of those companies within the Russell 2000 Index with lower price-to-book ratios. Small blend is represented by the Russell 2000 Index, which measures the performance of the 2,000 smallest companies in the Russell 3000 Index. Small growth is represented by the Russell 2000 Growth Index, which measures the performance of those companies within the Russell 2000 Index with higher price-to-book ratios and higher forecasted values. The data provided is for informational purposes only and is not an endorsement of any security, mutual fund, sector or index. It is not possible to invest directly in an index. Market indexes are unmanaged and are not available for direct investment. This does not illustrate the performance of any John Hancock fund. The information contained in this email is not guaranteed as to accuracy or completeness. Past performance is not a guarantee of future results. John Hancock Funds, LLC Member FINRA, SIPC 601 Congress Street • Boston, MA 02210-2805 • 800-225-5291 • jhinvestments NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
Posted on: Tue, 27 May 2014 13:48:42 +0000
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