TSP Talk Blog

Stocks were mixed on Friday as the Dow gained 16-points, the S&P 500 was flat, the I-fund was down, and small caps were up. Last week we had a digestion of the prior week's jobs report rally, and now this week the Fed meeting will be making the headlines.

...

It was another bad day for the stock market Thursday as the Dow lost 104-points. The Nasdaq held up a better and the small caps actually closed higher. The I-fund was hit hardest and bonds (F-fund) also dipped.

...

Stocks pulled back yesterday as the market digests the big gains made after Friday's big jobs report rally. The Dow shed 52-points of the 199-points it gained last Friday, but surprisingly, the small caps of the Russell 2000 have now given back all of Friday's gains.


...

It was a holiday shortened, light volume trading week, but a good one for stocks, and a bad one for bonds. The jobs report had some mixed messages, but the 195,000 jobs created in June, and the upward revisions to prior months, gave investors reason to buy on Friday - at least those who were not taking the day off.



Here are the up to date TSP fund returns through ...

No deal led to market losses

Stocks were down every day last week, a week where Washington was playing Deal or No deal. This puts the magnifying glass on this week’s action because the “deadline” for making a deal on the debt ceiling is Tuesday.

For the TSP, the C-fund was down 3.91% for the week, the S-fund lost 4.90%, and the I-fund gave up 2.15%. Bonds (F-fund) gained 0.66%, and the G-fund was up0.07%.

...