The Markets (as of market close December 6, 2024) A stronger-than-expected jobs report (see below) helped drive stocks mostly higher last week and raise optimism of an interest rate cut when the Federal Reserve meets later in December. Consumer discretionary,...
The Markets (as of market close November 29, 2024) Thanksgiving week proved to be a positive one for stocks. Each of the benchmark indexes listed here closed higher, led by the Dow and the Russell 2000. Financials, consumer staples, and industrials led the market...
The Markets (as of market close November 22, 2024) Wall Street enjoyed a solid week of gains, rebounding from the prior week’s losses. Each of the benchmark indexes climbed higher, led by the small caps of the Russell 2000, as investors moved from mega caps to...
The Markets (as of market close November 15, 2024) Last week saw stocks close markedly lower as investors were discouraged by hawkish comments from Federal Reserve Chair Jerome Powell, who put a damper on the likelihood of another interest rate decrease this year....
The Markets (as of market close November 8, 2024) Investors had plenty to think about last week as they focused on the results of the presidential election and the Federal Reserve’s move to further reduce interest rates (see below). Each of the benchmark indexes...
