Weekly Outlook #15
Reflecting On Last Week Dow Tops 44,000 as Stocks Recover Ahead of Thanksgiving U.S. stocks rallied ahead of Thanksgiving, with the Dow Jones Industrial Average gaining 1% on Friday to close at a record high of 44,296.51. The S&P 500 and Nasdaq also posted strong performances, closing at 5,969.34 and 19,003.65, respectively. For the […]
Weekly Outlook #14
Reflecting On Last Week US Market Sobers up following the years best week The US market experienced a sharp decline this week, just one week after its best performance of the year. Following a bullish boost in price fueled by optimism from Trump’s election night victory, the market corrected, reflecting growing investor caution amid […]
Weekly Outlook #13
Reflecting On Last Week Trump Triumph Sparks Market Boom U.S. markets rocketed Wednesday in a historic rally following Donald Trump’s decisive presidential victory. Stocks surged in the morning and held gains throughout the day and week, as investors responded to the end of months of political uncertainty. The Dow jumped 1,507 points, marking its […]
Weekly Outlook #12
Reflecting On Last Week Halloween Was Scary—But Not Because of the Jack-o’-Lanterns October 31 proved more trick than treat for investors as a tech-led selloff struck the S&P 500 and Nasdaq, marking their sharpest one-day drop since early September and erasing what could have been a bullish October. Final monthly figures: S&P 500 down 0.99%, […]
Weekly Outlook #11
Reflecting On Last Week Big Tech Leads Nasdaq to Record High The Nasdaq rallied 1.5% on Friday to a new record high of 18,690.01, surpassing its previous peak set in July, driven by gains from the “magnificent seven” tech giants. Meanwhile, the S&P 500 and Dow Jones Industrial Average saw more modest increases of 0.5% […]
Weekly Outlook #10
Reflecting On Last Week Another Week, Another Record: S&P 500 Hits All-Time High… Again The S&P 500 set a new all-time high last week, extending its winning streak to six consecutive weeks—the longest of the year. This impressive run has been fueled by strong corporate earnings, particularly from big banks, and growing optimism about the […]
Weekly Outlook #9
Reflecting On Last Week S&P500 sets new records The S&P 500 hit a new all-time high on Friday, closing above 5,800 for the first time in history. The Dow Jones Industrial Average also reached a fresh record, rising nearly 1%, while the Nasdaq Composite gained 0.3%. This marked a strong close to the first full […]
Weekly Outlook #8
Reflecting On Last Week U.S. Labor Market Surprises with 254K New Jobs in September The U.S. job market posted stronger-than-expected results in September, with nonfarm payrolls increasing by 254,000—well above the anticipated 150,000. The unemployment rate fell to 4.1%, while average hourly earnings rose 0.4% for the month, bringing year-over-year wage growth to 4%, both […]
Weekly Outlook #7
Reflecting On Last Week Third Week of Market Gains as Tech Leads For the third straight week, stocks have continued upward momentum, driven by strong economic data and positive corporate earnings. Tech stocks, in particular, surged, with the Nasdaq reaching a two-month high following Micron Technology’s bullish earnings report. The recent rate cut has also […]
Weekly Outlook #6
Reflecting On Last Week U.S. Indices Break New Highs The Dow closed 522 points, or 1.3%, higher, reaching a new record after passing the 42,000 level for the first time. The S&P 500 rose 1.7%, topping 5,700 for the first time and also closing at a fresh high. (CNN) Powell: Fed’s Rate Cut is a […]
