Weekly Market Update – March 18, 2024
This week’s financial markets were like a rollercoaster ride, with major indices experiencing ups and downs. The Dow Jones Industrial Average stayed put, the S&P 500 took a slight dip, and the Nasdaq Composite saw a loss. However, the Russell 2000 was the real drama queen, dropping by 2.1%.
Read MoreWeekly Market Update – March 11, 2024
The week was eventful for the stock and bond markets, influenced by economic data, corporate earnings, and central bank activities. Here’s a detailed look at the factors that shaped market movements and what might lie ahead.
Read MoreWeekly Market Update – March 4, 2024
The stock market had quite the rollercoaster ride this week, starting off with cautious-looking price action that left investors on the edge of their seats. However, as the week progressed, buying activity picked up, leading to some exciting highs and a few surprising lows. The Nasdaq Composite stole the show by hitting a fresh all-time high, making it the last major index to join the record-breaking party that the S&P 500 and Dow Jones Industrial Average had already been enjoying earlier in the year. It’s like the Nasdaq was fashionably late to its own success party!
Read MoreWeekly Market Update – February 26, 2024
This week, the stock market soared to new heights as the S&P 500 and Dow Jones Industrial Average hit record levels, while the Nasdaq Composite bounced back into rally mode. The standout performer was NVIDIA (NVDA), whose stellar quarterly report reignited enthusiasm for AI-related, growth, and semiconductor stocks.
Read MoreWeekly Market Update – February 20, 2024
Last week, the stock market experienced a positive trend, largely influenced by the following factors.
Read MoreWeekly Market Update – February 12, 2024
During the past week, the stock and bond markets experienced quite a rollercoaster ride. Here are the specific factors that caused all the commotion and what might jolt the markets in the upcoming week.
Read MoreWeekly Market Update – February 5, 2024
The financial markets during the past week were influenced by several specific factors. Stock markets experienced a rise, supported by positive earnings reports and economic data reflecting continued disinflation. The advance estimate for the fourth quarter’s economic growth exceeded estimates, and the Federal Reserve’s preferred inflation measure, Core PCE, slowed more than anticipated. The consensus view was that the markets were pricing a soft economic landing, with inflation expected to fall to 2%.
Read MoreWeekly Market Update – January 29, 2024
This past week, several factors affected the financial markets, including geopolitical fragmentation, monetary policy decisions, interest rates, stock market performance, consumer sentiment, and inflation. In the upcoming week, these factors may continue to influence the markets, along with central bank policy decisions, economic data releases, and corporate earnings announcements.
Read MoreWeekly Market Update – January 22, 2024
Last week, the stock market was influenced by various factors, including economic data, earnings reports, and inflation concerns. The S&P 500 closed at a new all-time high on Friday, with the tech-heavy Nasdaq leading the way, gaining more than 2%.
Read MoreWeekly Market Update – January 16, 2024
The market’s exuberant rally at the end of 2023 left stocks overvalued, with investors emboldened by the Federal Reserve’s December indication that rate cuts were possible.
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