Market Pulse

Apr 18

  IndexLast Week1-Month (Trailing)YTD
DJIA
      +3.19%
      +8.49%
      +2.88%
S&P 500
      +4.54%
      +9.52%
      +4.10%
Nasdaq
      +6.84%
      +13.03%
      +5.28%
Russell 2000
      +5.45%
      +13.76%
      +11.77%
MSCI EAFE
      +2.15%
      +5.73%
      +8.60%
MSCI EM
      +3.21%
      +6.80%
      +8.07%
Bloomberg U.S. Agg
      +0.53%
      +0.39%
      +0.55%
Bloomberg U.S. Corp HY
      +0.86%
      +1.54%
      +1.09%
Data as of: Friday, April 17, 2026

See important disclosures below.

Weekly Recap

04/13/2026 - 04/17/2026

U.S. Economy

US/Iran de-escalation boosts sentiment, lowers oil and yields

Core PPI soft; labor data remains resilient

Equity Market

S&P 500, Nasdaq extend third straight weekly gains

Big Tech leads; Tesla, Microsoft post strong rallies

Bond Market

Treasuries rally; curve bull steepens on easing tensions

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Markets price roughly 14 bp Fed cuts
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Around the Globe

Dollar weakens; gold, silver, Bitcoin move higher

WTI crude falls sharply on easing Middle East risk

The Week Ahead…

04/20/2026 - 04/17/2026

Mon

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No major economic releases
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No major earnings
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Tue

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Retail sales (Mar)
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Pending home sales (Mar)
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General Electric, UnitedHealth, 3M, RTX, Travelers

Wed

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No major economic releases
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Boeing, AT&T, Tesla, IBM, Lam Research
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Thu

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S&P Global PMIs (Apr)
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American Express, Comcast, Lockheed Martin, Thermo Fisher, Union Pacific

Fri

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Michigan sentiment (Apr)
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Procter & Gamble, Charter Communications, HCA Healthcare, Norfolk Southern, Schlumberger

The week ahead features a relatively light macro backdrop, with focus on a handful of key data points that could help shape the near-term growth and consumer outlook. Tuesday brings March retail sales and pending home sales, offering insight into consumer spending trends and housing demand. Markets will also be watching Kevin Warsh’s Fed Chair nomination hearing, which could provide clues on the future direction of monetary policy.

Attention then shifts to business activity data later in the week, with Thursday’s S&P Global flash manufacturing and services PMIs providing a timely read on economic momentum. Friday’s final April Michigan sentiment report will round out the data calendar, particularly important given the recent focus on consumer resilience and inflation expectations.

Earnings season accelerates meaningfully, with a heavy slate of large-cap companies reporting across sectors. Key names include General Electric, UnitedHealth, Boeing, Tesla, American Express, and Procter & Gamble, which should offer important signals on corporate health and forward guidance.

-Matt Shaw, CFA

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This report and the opinions provided herein are for informational purposes only, are not a solicitation, and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security or investment. All opinions expressed herein constitute the author’s judgement as of the date of this document and are subject to change without notice. Statements made are not facts, including statements regarding trends, market conditions and the experience or expertise of author are based on current expectations, estimates, opinions and/or beliefs. Such statements are not facts and involve known and unknown risks, uncertainties and other factors. Past events and trends do not predict or guarantee or indicate future events or results. Information cited in this report has been drawn from sources believed to be reliable and was captured at a point in time. Therefore, the data is subject to change and its accuracy is not guaranteed. DJIA, S&P, Russell 2000, and NASDAQ indices are referenced directly; MSCI EAFE, MSCI EM, BB U.S. Aggregate, Bloomberg U.S. Corp. HY, and all sector figures refer to the respective ETFs as a representative figure. Ategenos Capital, LLC d/b/a AC Wealth Partners does not own or control and is not affiliated with any third-party content provided via hyperlink, quoted, or cited herein. Investors seeking more information should contact their financial advisor. Investing involves risk, including the possible loss of principal. It is not possible to invest directly in an index. Past performance does not guarantee future results. AC Wealth Partners is an investment adviser registered with the SEC. SEC registration does not imply any specific level of training or skill.

Matt Shaw