Aug 10, 2024 | Investments
What a week it was for Wall Street! Sentiment swung from the depths of negativity at the beginning to the peaks of positivity by the end. The S&P 500 slumped 3% on Monday, posting its worst trading session since September 2022 amid a global selloff, and then...
Aug 3, 2024 | Investments
The S&P 500 on Friday notched a three week losing streak for the first time since mid April. The Nasdaq, suffered an even steeper weekly decline and has ended up in correction territory. A combination of disappointing quarterly reports from members of the...
Jul 21, 2024 | Investments
Wall Street posted its worst week since mid April, as a rotation out of technology stocks sparked by last Thursday’s consumer inflation report continued over the past few days. The primary driver of this week’s loss in the S&P 500 was a continued...
Jun 30, 2024 | Investments
The S&P 500, on Friday, snapped a three week win streak, but the bigger story was the benchmark index closing out the first six months of 2024 with a whopping 14.5% advance. The stellar H1 2024 performance that saw the S&P go on a record breaking spree was...
Jun 23, 2024 | Investments
The S&P 500 posted a three week win streak on Friday, though Wall Street’s bull market stalled on Thursday and Friday. The biggest highlight of the week was chipmaker Nvidia becoming the world’s largest publicly listed firm by market capitalization....
Jun 9, 2024 | Investments
Stock indexes fell slightly on Friday but still finished higher for the week after U.S. payrolls rose much more than expected in May, dimming hopes for interest rate cuts any time soon. Employers added 272,000 new jobs, while average hourly earnings over the past 12...