Equity Performance Mixed as Market Leadership Shifts Beneath the Surface

Published on February 13, 2026

U.S. equity markets delivered mixed performance this week, underscoring elevated dispersion in returns and ongoing shifts in market leadership. The S&P 500 (-0.1%) was roughly flat, while the NASDAQ (-1.8%) underperformed and the Dow Jones Industrial Average (2.5%) and Russell 2000 (2.2%) both posted solid gains.

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When it May Make Sense for Married Couples to File Taxes Separate

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Each year over 150 million tax returns are filed. For married couples, the overwhelming majority will choose to file joint tax returns. For most households, this makes sense considering the advantageous nature of tax brackets applying to joint returns

Anchor in a Stormy Sea

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While occasional bouts of volatility are likely, we expect the fixed income markets to provide ballast for portfolios and are likely to deliver solid returns in 2026.