Call 713-840-1000 / 800-960-1200

Markets & Economy

January Edition: Monthly Market Comment

“As January came to a close, some investors felt confident that 2013 will prove to be a positive year for stocks. After all, according to the noted January Barometer, when stocks close higher than they opened during the first month, the entire year will end “in the black.” The Stock Market Almanac claims the January Barometer is accurate almost 90% of the time.”

Dow Jones Industrial Average: 5.77%
S&P 500 Index: 5.04%
Russell 2000 Small-Cap Index: 6.21%
NASDAQ: 4.06%
EAFE (index of international stocks): 4.47%
Read the full Market Update (PDF)