Market Data as of Week Ending: 9/13/2024 unless noted otherwise Equities traded higher last week as tech led the recovery in cyclicals. Comments from Nvidia's CEO reassured investors that demand for their chips remains strong and sparked a rally in tech stocks, which...
Equities Lower on a Mixed Jobs Report – Weekly Market Update
Market Data as of Week Ending: 8/30/2024 unless noted otherwise Equities were mixed for the week as investors digested economic data to predict the pace of rate cuts. Technology-heavy indexes traded lower over the week after NVIDIA released Q2 earnings after hours on...
Market Data as of Week Ending: 8/23/2024 unless noted otherwise Equity markets recorded another week of gains as investors embraced Fed Chair Powell’s speech at Jackson Hole. Powell acknowledged that “the time has come for policy to adjust,” which was broadly...
Market Data as of Week Ending: 8/16/2024 unless noted otherwise Equity markets continued their rebound as the major U.S. stock indexes recorded their strongest weekly gains of 2024. The S&P 500 gained nearly 4% on the week as positive inflation and growth data...
Market Data as of Week Ending: 8/9/2024 unless noted otherwise Most major indices closed the volatile week slightly lower, recovering from the largest sell-off in two years to begin the week, as recessionary fears and uneven earnings weighed on stocks. The S&P 500...
Market Data as of Week Ending: 7/26/2024 unless noted otherwise Stock prices were mixed as the S&P 500 declined following varied results from corporate earnings and economic data. As we near the halfway point of this earnings season, the outlook remains favorable...
Market Data as of Week Ending: 7/26/2024 unless noted otherwise Stock prices were mixed as the S&P 500 declined following varied results from corporate earnings and economic data. As we near the halfway point of this earnings season, the outlook remains favorable...
Market Data as of Week Ending: 7/19/2024 unless noted otherwise Stock prices were generally lower as the S&P 500 declined, notching its worst week in more than three months. The earnings outlook improved as consensus earnings growth expectations increased to 9.7%...
Market Data as of Week Ending: 7/12/2024 unless noted otherwise Stock prices were generally higher as the S&P 500 reached new highs and market breadth expanded. The earnings outlook improved as consensus earnings growth expectations increased to 9.3% for the...