Investment Week at a Glance
Stocks finished up for the week. The Dow Jones Industrial Average was up 0.9%, the S&P 500 was up 0.9%, and the NASDAQ rose 2.4%. Foreign stocks (MSCI EAFE) were down for the week, falling 0.5%. Bond prices were up for the week, with the 10-year U.S. Treasury ending the week at 4.45%. (Data source: Wall Street Journal)
Oil Prices Fall
The price of oil has continued to move lower, now down over 20% in the past month and nearly right in line with pre-war prices. Despite this, we are still seeing higher gas prices, which will likely fall if oil stabilizes around these levels. Traffic is also picking up in the Strait of Hormuz, but not nearly at pre-war levels just yet. The coming months will give us a good idea of where inflation data may come in if we see oil prices continue to fall and stabilize. This could be the deciding factor for the Fed going forward as to whether they raise rates or leave them where they are.
Consumer Remains Resilient
One of the themes of the past 5 years has been how strong the U.S. consumer has been in the face of inflation and economic worry. That story continued as inflation in the recent months has not slowed down consumer demand or household spending. This has helped keep the GDP number positive, allowing the overall economy to continue to see modest growth. We’ll see what happens to the consumer if inflation begins to cool, as we could see even more spending if wages continue to rise, as we have seen recently.
CVS Health Corporation Stock Up Over 30% in 2026, as Shares Passed $100 in June
CVS Health Corporation (CVS), one of the largest healthcare companies in the United States, has performed remarkably well in the first half of 2026 as its stock has risen nearly 32%. Despite little revenue growth over the last several years, CVS has implemented several cost-cutting initiatives that have helped its bottom line. With stronger-than-expected performance in its pharmacy business over the past year, investors have shown renewed confidence in the company, which is reflected in the rise in the stock price. On May 6th, CVS released its Q1 earnings and reported earnings per share of $2.57 (CVS Investor Relations). This number smashed analysts’ estimates of only $2.21 per share. CVS is expected to report its Q2 earnings near the end of July and is expected to have another strong quarter, according to analysts. However, investors won’t just be looking for strong performance in Q2, but also a positive outlook for the business (CNBC).
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Quiz
What has the S&P 500 returned in the first half of 2026? (Scroll Down for Answer)
- 3%
- 5%
- 7%
- 10%
Answer:
3. 7%, Despite experiencing some serious volatility during March, the market has returned a little over 7%. While the market has shown renewed volatility in recent weeks, with a massive sell-off on June 23rd that dropped nearly 1.5% in one day, investors need to ignore day-to-day fluctuations, as remaining long-term leads to greater returns. In the last 5 years, the market has returned nearly 85%, reflecting the strength of American businesses.
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