Weekly Market Recap
Weekly Market Recap – April 5, 2024
WEEKLY MARKET RECAP – APRIL 5, 2024 Stocks faced downward pressure as strong economic data and cautious remarks from U.S. Federal Reserve officials suggested a potential delay in an initial interest-rate cut until the latter half of the year. The major indexes tumbled over 1% on Thursday, and although there was a partial recovery on
Weekly Market Recap – March 28, 2024
WEEKLY MARKET RECAP – MARCH 28, 2024 In a week shortened by Good Friday, both the S&P 500 and the Dow achieved record-high closing levels before a Friday report on inflation. While the S&P 500 and the Dow posted marginal weekly gains, the NASDAQ experienced a slight dip. March marked the fifth consecutive month of
Weekly Market Recap – March 22, 2024
WEEKLY MARKET RECAP – MARCH 22, 2024 In a notable shift for 2024, the S&P 500, NASDAQ, and Dow each notched a weekly total return of 2% or more, marking their first such collective surge for the year. This consistent advancement propelled all three indices to record highs, reversing the slight declines of the preceding
Weekly Market Recap – March 15, 2024
WEEKLY MARKET RECAP – MARCH 15, 2024 The major U.S. stock indexes experienced a second consecutive week of decline, as a solid daily gain on Tuesday failed to offset later-week declines. This modest two-week retreat contrasted with the four-month rally that preceded it, during which the S&P 500 saw increases in 16 out of 18
Weekly Market Recap – March 8, 2024
WEEKLY MARKET RECAP – MARCH 8, 2024 The beginning of the week saw U.S. stock indexes facing instability, with Monday and Tuesday marked by uncertainty. However, as the week unfolded, they managed to reverse their trajectory, hovering just below their recently achieved record highs. While the NASDAQ and the Dow experienced declines of approximately 1%
Weekly Market Recap – March 1, 2024
WEEKLY MARKET RECAP – MARCH 1, 2024 The S&P 500 saw an approximately 1% increase, while the NASDAQ surged by nearly 2% on Thursday, surpassing its previous record high set in November 2021. So far this year, both indexes have recorded positive results in seven out of nine weeks. In February, the S&P 500 reached
Weekly Market Recap – February 23, 2024
WEEKLY MARKET RECAP – FEBRUARY 23, 2024 A surge in stock prices on Thursday helped U.S. stock indexes bounce back from the predominantly negative results of the previous week. The NASDAQ’s rise of over 1% left it just four-tenths of a percentage point below its record closing high achieved on November 19, 2021. Both the
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