January 7, 2022 | Investment Review

Investment Review - January 2022

  1. The S&P 500 gained 4.4% in December and returned 27.7% for the year. The Dow Jones Industrial Average was up 5.38% for the month and returned 18.72% for the year. The Nasdaq Composite advanced .69% in November, bringing its one-year gain to 22.8%.

  2. Non-US stocks were up in December. The MSCI EAFE index of developed countries was up 5.05% in December while the MSCI Emerging Markets index was up 1.61%.

  3. U.S. companies continue to purchase their own shares. Share repurchases more than doubled from a year earlier in the 3rd quarter; S&P 500 Company repurchases reached an all-time high of $234.6 billion, according to preliminary data released from S&P Dow Jones Indices. Meanwhile, capital expenditures increased 21% to $189 billion, which is still down 3% from the final three months of 2019 before the pandemic shutdown the economy.

    Key Investment Statistics

Sources: Bloomberg LLC, FactSet, U.S. Commerce Department, Bloomberg Businessweek

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