Weekly Market Recap
Weekly Market Recap – February 16, 2024
WEEKLY MARKET RECAP – FEBRUARY 16, 2024 The S&P 500 experienced a slight decline, ending a streak of five consecutive weeks of gains that had propelled the index to a record high. Despite this setback, the S&P 500 remained nearly 22% above a recent low reached in late October. Meanwhile, the Dow finished the week
Weekly Market Recap – February 9, 2024
WEEKLY MARKET RECAP – FEBRUARY 9, 2024 The S&P 500 surged by more than 1% during the week, propelling the index above the significant 5,000-point threshold for the first time and marking its 14th positive outcome out of the past 15 weeks. Meanwhile, the NASDAQ recorded an increase of over 2%, while the Dow posted
Weekly Market Recap – February 2, 2024
WEEKLY MARKET RECAP – FEBRUARY 2, 2024 On Wednesday, the major stock indexes experienced a decline after a Fed meeting but recovered to secure gains on Thursday and Friday. The S&P 500, the Dow, and the NASDAQ all recorded increases of more than 1% overall. This marked the 13th positive outcome for the S&P 500
Weekly Market Recap – January 26, 2024
WEEKLY MARKET RECAP – JANUARY 26, 2024 The S&P 500 and the Dow marginally surpassed the previous week’s highs, marking their 12th rise in 13 weeks. The NASDAQ also experienced a modest weekly gain but remained 3.7% below its historic high achieved on November 19, 2021. Once again, the U.S. economy exceeded the expectations of
Weekly Market Recap – January 19, 2024
WEEKLY MARKET RECAP – JANUARY 19, 2024 Major U.S. stock indexes extended their gains from the previous week, and a Friday rally propelled the S&P 500 to a level surpassing its prior all-time closing high established on January 3, 2022. The Dow achieved a new high, surpassing one set just 17 days earlier. These latest
Weekly Market Recap – January 12, 2024
WEEKLY MARKET RECAP – JANUARY 12, 2024 The major U.S. stock indexes rebounded, recovering from the declines observed the previous week that interrupted a streak of nine consecutive positive weeks at the end of 2023. By Friday’s close, the S&P 500 was just 0.3% below the record closing high it achieved on January 3, 2022.
Weekly Market Recap – January 5, 2024
WEEKLY MARKET RECAP – JANUARY 5, 2024 The positive momentum from the nine consecutive weekly gains in late 2023 did not carry over into 2024, as the major U.S. indexes experienced their first weekly declines since late October. The NASDAQ saw a decline of over 3% for the week, with the S&P 500 and Dow
Weekly Market Recap – December 29, 2023
WEEKLY MARKET RECAP – DECEMBER 29, 2023 The major U.S. stock indexes secured their ninth consecutive positive week as 2023 came to a close, with the S&P 500 just 0.6% below its record closing high of January 3, 2022. The Dow rose by 0.8% for the week, the S&P 500 added 0.3%, and the NASDAQ
Weekly Market Recap – December 22, 2023
Weekly Market Recap – December 22, 2023 The major U.S. stock indexes failed to replicate the robust results of the previous week, but their moderate gains were enough to secure the market’s eighth consecutive positive week. For the S&P 500, this marked its lengthiest such streak since November 2017, concluding Friday just 0.9% below its
Weekly Market Recap – December 15, 2023
Weekly Market Recap – December 15, 2023 The major U.S. stock indexes advanced by nearly 3%, marking their seventh consecutive positive week, driven primarily by expectations of imminent interest-rate cuts. The Dow achieved a record level, surpassing its previous high set on January 4, 2022. While the S&P 500 was approximately 1% below its all-time