May 12, 2024 | Wealth Management
The S&P 500 on Friday notched a third straight week of gains, and the index has now erased nearly all of its April losses. This week’s advance was driven by an uptick in Federal Reserve interest rate cut expectations, primarily on the back of further...
Apr 21, 2024 | Wealth Management
After posting its worst weekly performance in over a year last week, the S&P 500 rebounded this week to score its best performance since October 2023. The rise was primarily driven by a surge in technology stocks and other growth sectors, anchored by favorably...
Apr 14, 2024 | Wealth Management
The S&P 500 fell nearly 2% from Monday through Friday this past week, and in the process, it posted its worst weekly performance since late October 2023. The retreat was primarily due to yet another hotter than anticipated consumer price index (CPI) report...
Mar 24, 2024 | Wealth Management
The S&P 500 on Friday marked its best weekly performance of 2024, snapping a two-week losing streak in the process. Wall Street’s bull run was rekindled after the Federal Reserve’s meeting on Wednesday. For the week, the S&P 500 advanced +2.3%,...
Feb 25, 2024 | Wealth Management
Stock markets in the United States, Europe and Japan set record highs this week after Nvidia reported blowout quarterly earnings results and strong guidance after the closing bell on Wednesday. “Insatiable demand” for the company’s artificial...
Feb 11, 2024 | Wealth Management
A surge in mega cap tech stocks helped lift the S&P 500 and Nasdaq Friday, with the S&P holding above the 5,000 level for the first time and extending its record high, after December’s revised inflation reading came in lower than first reported. On...
