Weekly Market Update
performance,
market indicators and the week ahead.
weekly market update | 4 min read
More Growth, Less Easing
October 14, 2024
The S&P 500, Dow and Nasdaq gained 1.11%, 1.21% and 1.13% with the S&P 500 and Dow making new all-time highs on Friday.
weekly market update | 4 min read
October’s Three Market Surprises
October 7, 2024
The S&P 500, Dow and Nasdaq gained 0.22%, 0.09% and 0.10% on strong job gains countering fears of escalating tensions in the Middle East that lifted West Texas Intermediate oil prices by more than 8% to almost $75 a barrel.
weekly market update | 4 min read
Which Markets Will Move? US Policies Matter
September 30, 2024
The S&P 500, Dow and Nasdaq gained 0.62%, 0.59% and 0.95%, on post-Fed rate cut momentum. The S&P 500 and Dow each made new all-time highs while the Nasdaq ended the week 2.83% below its July 10 high.
weekly market update | 4 min read
A Winning Week After Fed Rate Cut
September 23, 2024
The Fed chose to end the monumental suspense over “25 or 50” basis points for its first rate cut of the easing cycle with the more decisive action.
weekly market update | 4 min read
Eyeing China’s Response to US Policy
September 16, 2024
After a second presidential debate, news coverage of the US election is set to heat up further in coming weeks. The temperature is set to “boil.”
weekly market update | 3 min read
Strategy for Uncertainty? Raise Quality
September 9, 2024
The S&P 500, Dow and Nasdaq shed -4.25%, -2.93% and -5.77% on weaker-than-expected labor market data. In August, the economy added 142K jobs, but the prior two months saw combined downward revisions of 86K. Small business hiring plans also point to a cooling labor market.
weekly market update | 3 min read
US Equities – Corporate Profits Already Hitting New Highs
September 3, 2024
The S&P 500 and Dow gained 0.24%, 0.94% while the Nasdaq fell and -0.92% on the heels of a nearly complete profits reporting season that saw S&P 500 2Q24 EPS up 14.0% y/y.
weekly market update | 3 min read
Stocks Rally as Powell Signals Ease
August 26, 2024
Last week at the annual Jackson Hole Economic Symposium, Fed Chair Powell delivered the words many investors long expected. He also said much more.
weekly market update | 3 min read
Market Awaits Fed Remarks
August 19, 2024
Last week, the S&P 500, Dow and Nasdaq gained 3.93%, 2.94% and 5.29%, as a friendly inflation report cemented Fed ease in September. The Consumer Price Index (CPI) dropped to 2.9% y/y in July, the first time it has been below 3.0% y/y since March 2021, setting the stage for the ...
weekly market update | 3 min read
“Leveraging” Volatility for Potential Gain
August 12, 2024
Uncertainty is high. Risk is ever present. Yet in the past week, we’ve heard discussion of nearly every dark macro-economic scenario many of our readers have lived through.