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...
Sep 29, 2024 | Investments
The S&P 500 fell marginally on Friday but ended higher for the week after recording gains in three out of five sessions aided by strong macro data. The Dow Jones Industrial Average posted its 32nd record close for the year on Friday as the latest inflation data...
Sep 8, 2024 | Investments
The S&P 500 on Friday plunged to its worst weekly performance since early March last year, driven by concerns over economic growth after a slew of soft data during the week, especially on the labor market. That, coupled with historical September weakness, led to a...
