The Markets (as of market close June 14, 2024) U.S. stocks outpaced the rest of the world last week as global investors sought relief from the turmoil caused by European elections. Tech stocks carried the market as investors digested a pair of cooling inflation...
The Markets (as of market close May 24, 2024) Tech shares, particularly AI stocks, helped push the Nasdaq, and to a much lesser extent, the S&P 500 higher last week. The Dow, the Russell 2000, and the Global Dow declined. During a week when volume was relatively...
The Markets (as of market close May 17, 2024) Both the S&P 500 and the Nasdaq advanced for the fourth straight week, which is the first time that has happened since February. Not to be outdone, the Dow advanced for a fifth straight week. Much of the week’s...
The Markets (as of market close May 10, 2024) The market closed last week higher. Investor sentiment was bolstered by good corporate earnings results from key megacaps. Of the 459 companies of the S&P 500 that have reported earnings, 77% beat consensus...
The Markets (as of market close May 3, 2024) The markets enjoyed a solid week of gains on the heels of favorable corporate earnings data and a softer-than-expected employment report (see below). Investors could be viewing the dip in job hires and wage growth as the...
