WEEKLY MARKET RECAP – JUNE 14, 2024 The S&P 500 and NASDAQ recorded their seventh positive week out of the past eight, pushing their record levels higher. The NASDAQ achieved a 3.3% total return, and the S&P 500 added 1.6%, while the Dow fell by 0.5%. A slightly better-than-expected monthly inflation reading helped fuel stock

WEEKLY MARKET RECAP – JUNE 7, 2024 U.S. stock indexes bounced back from the previous week’s modest decline, with the NASDAQ and S&P 500 surpassing the record highs set last month. Renewed enthusiasm for artificial intelligence boosted technology stocks, resulting in a 2.4% weekly gain for the NASDAQ, outpacing the more modest gains of the

WEEKLY MARKET RECAP – MAY 31, 2024 The major U.S. stock indexes fell between 0.5% and 1.0%, with the S&P 500 and NASDAQ ending a streak of five consecutive weekly gains that had driven them to record highs. The Dow Jones Industrial Average experienced its second consecutive negative week. The U.S. Federal Reserve’s preferred inflation

WEEKLY MARKET RECAP – MAY 24, 2024 The major U.S. stock indexes experienced a week of contrasting outcomes: the Dow Jones Industrial Average fell by over 2%, the NASDAQ rose by more than 1%, and the S&P 500 saw a slight increase. This marked the end of a five-week winning streak for the Dow, which

WEEKLY MARKET RECAP – MAY 17, 2024 The NASDAQ reached a record high on Tuesday, with the S&P 500 and Dow following suit on Wednesday, buoyed by new inflation data and a more optimistic outlook for eventual interest-rate cuts. The Dow closed above the 40,000-point mark for the first time on Friday, finishing at 40,003.6,

WEEKLY MARKET RECAP – MAY 10, 2024 U.S. stock indexes continued their upward trajectory for the third consecutive week as earnings season drew to a close. The S&P 500 saw an increase of approximately 2%, while the NASDAQ experienced a rise of about 1%. Despite these recent gains, the indexes remain slightly below the record

WEEKLY MARKET RECAP – MAY 3, 2024 The major U.S. stock indexes saw a second consecutive week of gains, recouping much of the losses incurred during three weeks of decline in April. The week was marked by volatility, with stocks plunging on Tuesday but rebounding on Thursday and Friday, driven by positive sentiment surrounding earnings

WEEKLY MARKET RECAP – APRIL 26, 2024 The S&P 500 and NASDAQ rebounded strongly last week, breaking a three-week streak of declines. Robust earnings from tech firms helped offset concerns sparked by recent economic and inflation data. The NASDAQ surged over 4%, while the S&P 500 saw nearly a 3% increase; however, the Dow lagged,

WEEKLY MARKET RECAP – APRIL 19, 2024 The S&P 500’s descent from its late-March record high gained momentum, with the index closing the week down by 3.0%, marking its third consecutive negative result. The NASDAQ experienced a steeper decline of about 5.5%, while the Dow managed to eke out a small gain. Concerns surrounding technology

WEEKLY MARKET RECAP – APRIL 12, 2024 For the second consecutive week, the S&P 500 and the Dow retreated from the record highs achieved at the end of March. The NASDAQ experienced a fractional weekly decline, which was less pronounced compared to its counterparts, partly due to the relatively strong performance of select technology stocks.