TSP Market Summary: 2026
43 weekly market commentaries from 2026.
September 2026
August 2026
Week of August 29, 2026
S&P 500 rose 0.49% to 7,711 as Nvidia's strong outlook lifted stocks. TSP TIPS recommends a final investment mix change on August 31.
- • S&P 500 gained 0.49% to 7,711, helped by Nvidia's strong revenue outlook and a calm Fed Jackson Hole speech.
Week of August 22, 2026
Rising Treasury yields pushed the S&P 500 down 1.43% to end a three-week streak. TIPS recommends no TSP changes for now, with inflation data and Nvidia earnings ahead.
- • Surging global bond yields on inflation fears drove the S&P 500 down 1.43% to 7,674 this week.
Week of August 15, 2026
S&P 500 hit a record 7,798 close and posted a third straight weekly gain as inflation cooled. TSP TIPS recommends no changes as C, S and I funds hit highs.
- • S&P 500 closed at 7,785, up three weeks in a row, as cooler CPI and PPI reports lifted stocks to records.
Week of August 08, 2026
S&P 500 closed at a record 7,757 as tech led gains and a weak jobs report eased rate-hike fears. TSP TIPS recommends no changes to its current mix.
- • S&P 500 hit a record 7,757 after a bullish breakout from its 13-week range, lifting C and S funds.
Week of August 04, 2026
S&P 500 closed above 7,700 for the first time, a bullish breakout. TSP TIPS recommends new mixes as C, S and I funds regain top Composite Scores.
- • The S&P 500 closed above 7,700 for the first time, topping the June 2 record and ending a range-bound market.
Week of August 01, 2026
Stocks were volatile but the S&P 500 rose just over 1% to 7,489 on big tech earnings. TSP TIPS made three July mix changes and stays range-bound.
- • The S&P 500 gained just over 1% to 7,489 as Microsoft and Amazon surged after Meta and Apple fell.
July 2026
Week of July 29, 2026
C, S and I funds each fell over 1% on July 29. The commentary recommends a further increase in the TSP cash allocation as short-term technical signals weaken.
- • On July 29, the C, S and I funds each lost more than 1%, and prices slipped below key moving averages.
Week of July 25, 2026
The S&P 500 fell 0.61% to a second straight weekly loss as Alphabet and Tesla slid. TSP TIPS recommends raising cash in all three models.
- • Alphabet dropped 7.1% and Tesla 14.5%, pushing the S&P 500 down 0.61% and oil above $100 a barrel.
Week of July 18, 2026
S&P 500 fell 1.55% to 7,457 on Iran blockade news, IBM's drop and an AI selloff, despite softer inflation. TSP's C Fund still tops the rankings.
- • S&P 500 fell 1.55% as oil jumped on the Iran blockade and IBM sank 25%, even with cooler CPI and PPI.
Week of July 11, 2026
S&P 500 closed at 7,575, up two straight weeks and near its record. TSP TIPS recommends new mixes, with the C fund showing the strongest signals.
- • S&P 500 rose a second straight week to 7,575, within 1% of its June 2 record high of 7,609.
Week of July 03, 2026
Stocks rebounded 1.76% for the week as the Dow hit records, though jobs data was soft. TSP TIPS recommends no changes to its current investment mixes.
- • S&P 500 rose 1.76% to 7,483; Q2 gains were strong, and the Dow hit a record while tech lagged.
June 2026
Week of June 26, 2026
The S&P 500 fell 1.99% to 7,353 with losses every day as tech sold off and inflation rose. TSP TIPS recommends month-end tweaks to two models.
- • S&P 500 fell 1.99% to 7,353, down all five days, as tech sold off on rate and AI spending worries.
Week of June 19, 2026
S&P 500 rose nearly 1% to 7,500 despite 4% inflation and a hawkish Fed. I and S funds lead TSP performance, and the commentary recommends no change.
- • S&P 500 closed at 7,500, up nearly 1% for the week and up in 11 of the last 12 weeks.
Week of June 13, 2026
S&P 500 rose 0.65% to 7,431 after a volatile week of Iran tensions and chip swings. TSP TIPS recommends new mixes as the S fund tops its rankings.
- • S&P 500 gained 0.65% to 7,431 as a Wednesday drop reversed Thursday; small caps hit a record close.
Week of June 06, 2026
Stocks hit records, then a Friday chip sell-off ended the S&P 500's nine-week win streak. TSP TIPS recommends no changes to current investment mixes.
- • A Friday chip sell-off sent the Nasdaq 100 down 4.8% and ended the S&P 500's nine-week streak at 7,387.
May 2026
Week of May 30, 2026
The S&P 500 hit four record highs in a short week and gained over 5% in May. TSP C, S and I funds also set records, with Friday's jobs report next.
- • The S&P 500 closed at 7,580 after seven straight up days, nine straight up weeks and a May gain of about 5%.
Week of May 27, 2026
TSP C, S and I funds all hit record highs on May 26, then flatlined. TIPS recommends new May investment mixes, favoring the C fund's steadier gains.
- • C, S and I funds all set record highs on May 26, then went flat on May 27 and bunched closer together.
Week of May 23, 2026
The S&P 500 closed at 7,473, just below its record, as rising bond yields and Nvidia earnings drove the week. TSP TIPS plans a May mix update on May 27.
- • S&P 500 fell three days on rising yields, then rose three days, ending about 0.5% below its record.
Week of May 16, 2026
The S&P 500 hit three record highs and extended its winning streak to seven weeks despite hot inflation data. The C fund now leads TSP TIPS rankings.
- • S&P 500 posted three record highs and a seventh straight weekly gain despite hot CPI and PPI reports.
Week of May 09, 2026
S&P 500 hit a record 7,398 as the I fund led the week. TSP TIPS recommends moving the Moderate model from the S fund to the C fund.
- • The S&P 500 closed at a record high, its sixth straight up week, helped by strong earnings and jobs data.
Week of May 02, 2026
S&P 500 hit a record 7,230 and posted its best month since April 2020. TSP C, S and I funds all hold perfect scores; a new investment mix may come next week.
- • The S&P 500 closed at a record 7,230 and had its strongest month since April 2020 despite mixed Mag 7 earnings.
April 2026
Week of April 25, 2026
S&P 500 hit a record 7,165 on a chip-stock surge. C, S and I funds all score 100, and the gap between them is narrowing, so a TSP mix change may come.
- • S&P 500 closed at a record 7,165, its fourth straight weekly gain, led by a historic chip rally.
Week of April 18, 2026
The S&P 500 closed at a record 7,126 as ceasefire hopes lifted stocks. All three TSP equity funds now score 100, and TSP TIPS recommends new mixes.
- • The S&P 500 hit record highs, gaining 4.54% this week and erasing all of March's war-driven losses.
Week of April 11, 2026
S&P 500 posted two consecutive up weeks despite mixed inflation data. TSP analysis favors I fund amid technical improvements in equity markets.
- • S&P 500 broke 7-day winning streak after two bullish weeks, showing technical momentum
Week of April 08, 2026
Markets surged 2.5%+ after Trump suspended Iran attacks. TSP equity funds gained as Composite Scores turned positive, prompting model changes.
- • Trump's 2-week pause of Iran conflict drove strong market rally with S&P up 2.51%
Week of April 04, 2026
S&P 500 broke 5-week losing streak with strong gains amid Middle East war developments, but TSP recommendation remains unchanged due to uncertainty.
- • Markets surged Tuesday-Wednesday on hopes for Middle East peace talks, ending 5-week decline
March 2026
Week of March 28, 2026
S&P 500 posts fifth consecutive weekly decline amid war concerns and rising energy prices. Most major indices now in correction territory.
- • S&P 500 fell 2.1% for fifth straight week, longest losing streak since 2022
Week of March 21, 2026
S&P 500 falls for fourth straight week amid war concerns and Fed rate hike hints. TSP funds decline with Conservative model moving to maximum safety.
- • Markets dropped below key technical levels as war uncertainty and inflation fears mount
Week of March 14, 2026
Middle East tensions drove S&P 500 to third consecutive down week. Mixed economic data shows slowing growth but sticky inflation ahead of Fed decision.
- • S&P 500 turned negative for the year amid Middle East war concerns and oil price volatility
Week of March 07, 2026
Middle East conflict drove major market volatility with S&P 500 posting worst week since November. Jobs data showed unexpected decline, prompting defensive TSP positioning.
- • Oil surged 35% and stocks fell sharply due to Middle East war escalation and market uncertainty
Week of March 03, 2026
U.S.-Iran conflict escalated with Strait of Hormuz closure, causing market volatility. TSP commentary recommends increasing cash holdings amid uncertainty.
- • U.S.-Iran war escalated with regional strikes and Strait of Hormuz closure affecting markets
February 2026
Week of February 28, 2026
S&P 500 fell for February despite weekly gains. AI concerns, hot inflation data, and NVIDIA earnings volatility dominated. TSP moved to full equity allocation.
- • S&P 500 posted negative returns for February, remaining range-bound for three straight months
Week of February 25, 2026
I fund hits new record highs while C and S funds show improvement. New TSP investment mix issued moving back to 100% equity allocation.
- • I fund reaches new record highs driven by strong Nvidia earnings and international momentum
Week of February 21, 2026
S&P 500 gained 1% in holiday week, breaking losing streak. GDP disappointed at 1.4%, inflation remains elevated, but Supreme Court tariff ruling boosted stocks.
- • S&P 500 broke two-week losing streak with 1% gain, closing above 6,900 despite mixed signals
Week of February 14, 2026
S&P 500 posts worst weekly loss of 2026 despite strong jobs data. AI disruption fears weigh on markets while I and F funds hit new highs.
- • S&P 500 had worst week of 2026, falling below 50-day average despite strong jobs report
Week of February 07, 2026
Volatile week saw S&P 500 drop 7 points amid tech selloff, but Dow hit record 50,000. I Fund leads TSP performance with perfect score.
- • Tech stocks crashed mid-week on AI disruption fears before Friday's strong recovery
January 2026
Week of January 31, 2026
S&P 500 gained 1.37% in January despite mixed earnings and Fed policy uncertainty. Silver crashed 28% Friday. I Fund leads TSP performance rankings.
- • January's 1.37% S&P gain historically suggests potential 16.2% annual market growth
Week of January 24, 2026
Markets recovered from Trump policy concerns as S&P 500 ended mixed week at 6,915. S and I funds hit records while big tech earnings loom.
- • Trump policy rhetoric caused Tuesday selloff but markets recovered on deal framework news
Week of January 17, 2026
S&P 500 ended slightly down despite hitting new highs early week. Strong GDP and Taiwan trade deal boosted markets. TSP equity funds performed well.
- • All three TSP equity funds (C/S/I) hit record highs with strong broadening market performance
Week of January 10, 2026
S&P 500 hit new record highs twice this week, reaching 6,966. TSP C, S, and I funds all achieved record highs with strong performance rankings.
- • S&P 500 reached new record high of 6,966, signaling continued market strength
Week of January 04, 2026
Weisert Investments launches Schwab TIPS 365 strategy with educational webinar on January 6, 2026 to help federal employees implement the new approach.
- • New Schwab TIPS 365 strategy launched to help TSP participants with inflation protection
Week of January 03, 2026
S&P 500 ended losing streak after year-end selloff, now range-bound near records. International funds (I Fund) outperforming with new highs.
- • S&P 500 broke 4-day losing streak but remains in 2-month trading range near record highs
Week of September 05, 2026
S&P 500 rose 0.09% to 7,718 for a second weekly gain. Yields hit highs and jobs beat forecasts. TSP TIPS recommends no changes, with the I Fund leading.