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

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 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 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