Weekly Market Recap
Weekly Market Recap – October 11, 2024
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
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
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
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
Weekly Market Recap – September 13, 2024
WEEKLY MARKET RECAP – SEPTEMBER 13, 2024 Major U.S. stock indexes rallied, posting weekly gains of 3% to 6%, nearly matching the sharp losses from the previous week. Much of September’s volatility was driven by the information technology sector, which fell 7% at the start of the month before recovering with a 7% gain this
Weekly Market Recap – September 6, 2024
WEEKLY MARKET RECAP – SEPTEMBER 6, 2024 U.S. stock indexes experienced some of their steepest weekly declines in over a year, with the NASDAQ dropping nearly 6%, the S&P 500 losing over 4%, and the Dow falling by almost 3%. Technology stocks took a major hit due to renewed concerns about short-term profit prospects from
Weekly Market Recap – August 30, 2024
WEEKLY MARKET RECAP – AUGUST 30, 2024 The Dow gained about 1% over a quiet week, surpassing its mid-July record high. The S&P 500 edged up slightly, remaining just below its July peak, while the NASDAQ fell around 1%. The Fed’s preferred inflation measure showed a gradual easing of price pressures ahead of the September
Weekly Market Recap – August 23, 2024
WEEKLY MARKET RECAP – AUGUST 23, 2024 The S&P 500, NASDAQ, and Dow all rose over 1% for the week, continuing their recovery from early August’s rough patch, though they didn’t match the previous week’s strong gains. After a choppy start, stocks rallied Friday following remarks by U.S. Federal Reserve Chair Jerome Powell. The major
Weekly Market Recap – August 16, 2024
WEEKLY MARKET RECAP – AUGUST 16, 2024 After two weeks of heightened market volatility, the major U.S. stock indexes posted their strongest weekly gains of 2024. The NASDAQ jumped over 5%, the S&P 500 gained 4%, and the Dow rose 3%, all buoyed by positive data on inflation, retail sales, and consumer sentiment. Consumer price
Weekly Market Recap – August 9, 2024
WEEKLY MARKET RECAP – AUGUST 9, 2024 The major indexes ended the week slightly lower, recovering from the biggest sell-off in nearly two years. The S&P 500 came close to correction territory, down 9.71% from its January high on Monday, while the Nasdaq Composite dropped 15.81% from its peak after entering correction territory the previous