Jan 5, 2025 | Investments
2025 began with the S&P 500 index ending lower in a holiday shortened week as Wall Street’s bull run lost some steam. After hefty yearly gains in 2024 with the S&P 500 returning 23.3%, investors took some money off the table. Additionally, uncertainty...
Dec 8, 2024 | Investments
Wall Street posted a three week win streak on Friday, propelled by strengthened expectations for another interest rate cut by the Federal Reserve at its final monetary policy committee meeting of the year later this month. This week was marked by a big milestone: the...
Nov 17, 2024 | Investments
Wall Street posted its worst weekly performance since the start of September, and has now notched a negative week in three of the last four. Slightly hot consumer and producer inflation data, along with a comment from Federal Reserve chair Jerome Powell on Thursday...
Nov 3, 2024 | Investments
Wall Street’s bull run took another hit this week, due to a mixed bag of quarterly results from Alphabet, Microsoft, Meta Platforms, Apple, and Amazon. Investors were unhappy with Microsoft’s soft Azure cloud revenue growth guidance and Meta’s heavy...
Oct 20, 2024 | Investments
The benchmark S&P 500 index on Friday notched a six-week win streak, its longest weekly advance of 2024. It also notched its 46th and 47th record close of the year. Meanwhile, it was a historic week for the Dow Jones Industrial Average which surpassed the 43,000...
Oct 15, 2024 | Investments
Wall Street on Friday posted a five-week win streak for the first time since May. The benchmark S&P 500 crossed and ended above the 5,800 points level in a historic first, while the Dow is fast approaching the 43,000 points milestone. Despite Middle East...
