WEEKLY MARKET RECAP – NOVEMBER 22, 2024 U.S. stock indexes climbed approximately 2% this week, regaining much of the ground lost during the previous week’s decline. By Friday’s close, the Dow reached a new record high, surpassing its peak from just 11 days earlier. Meanwhile, the S&P 500 ended 0.5% below its record, and the

WEEKLY MARKET RECAP – NOVEMBER 15, 2024 The major U.S. stock indexes retreated from their record highs this week, declining by approximately 1% to 3%. This pullback followed the previous week’s impressive rally of around 5% to 6% in response to the November 5 election. The latest Consumer Price Index (CPI) showed a slight uptick,

WEEKLY MARKET RECAP – NOVEMBER 8, 2024 The major U.S. stock indexes had their best week in a year, with gains ranging from nearly 5% to 6%. The NASDAQ, S&P 500, and Dow all reached record highs, with the S&P 500 and Dow briefly surpassing the 6,000 and 44,000-point marks, respectively, before closing just below

WEEKLY MARKET RECAP – NOVEMBER 1, 2024 An otherwise calm trading week turned turbulent on Thursday as stocks dropped due to renewed concerns over the growth potential of technology and artificial intelligence stocks. Although the major indexes regained ground on Friday, the S&P 500 and NASDAQ posted weekly declines of over 1%, while the Dow

WEEKLY MARKET RECAP – OCTOBER 25, 2024 The S&P 500 and Dow ended down about 1% and 3%, respectively, breaking a six-week streak of gains. Meanwhile, the NASDAQ rose slightly, marking its seventh consecutive weekly gain, buoyed by strong performance in tech stocks. Although the NASDAQ didn’t close at a record high, it briefly reached

WEEKLY MARKET RECAP – OCTOBER 18, 2024 The S&P 500 Index rose, driven by gains in the utilities and real estate sectors, while energy stocks declined in response to a drop in oil prices. The retreat in oil prices came as concerns over potential Israeli attacks on Iran’s oil and gas infrastructure eased. Smaller-cap stocks

WEEKLY MARKET RECAP – OCTOBER 11, 2024 The S&P 500, Dow, and NASDAQ climbed more than 1%, marking the fifth consecutive week of gains and continuing their recovery from a sharp drop in early September. The S&P 500 and Dow reached new record highs, while the NASDAQ finished less than 2% below its all-time peak.

WEEKLY MARKET RECAP – OCTOBER 4, 2024 The major U.S. stock indexes fluctuated between minor daily gains and losses throughout the week before staging a modest rally on Friday, resulting in slight overall gains. This was enough to push the S&P 500 and the Dow to new record highs, surpassing the levels set the previous

WEEKLY MARKET RECAP – SEPTEMBER 27, 2024 U.S. stocks posted gains for the third consecutive week, continuing their rebound from the sharp decline seen in early September. The S&P 500 and the Dow both increased by 0.6%, building on the record highs set the previous week, while the NASDAQ rose 1.0%, leaving it 2.8% below

WEEKLY MARKET RECAP – SEPTEMBER 20, 2024 On Monday, the Dow surpassed a record high set in mid-July, followed by the S&P 500 on Thursday, both boosted by the first interest-rate cut since March 2020. Each major index gained around 1.5% for the week, with the NASDAQ now approximately 4% below its all-time high. As