Market Recap Week Ended September 20, 2024
Record heights The Dow on Monday eclipsed a record high that it had set in mid-July while the S&P 500 followed suit on Thursday as stocks were lifted by the first interest-rate cut since March 2020. Each of the major indexes gained around 1.5% for the week, leaving the NASDAQ nearly 4% shy of its historic peak.
The Pulse Global Economic Summary - September 20, 2024
“The advantage we have is time frame. When I came into the business the average holding period for a mutual fund was seven years. Today it’s less than nine months.”
The Pulse Daily Global Economic Summary - September 19, 2024
The Pulse Daily Global Economic Summary - September 17, 2024
Daily Global Economic Summary - September 17, 2024
The Pulse Daily Global Economic Summary September 16, 2024
Market Recap Week Ended September 13, 2024
V-shaped recovery The major U.S. stock indexes rallied, posting weekly gains ranging from around 3% to 6% that were nearly equal in magnitude to the previous week’s steep losses. Much of September’s volatility has been driven by the information technology sector, which dropped 7% to start the month before gaining back 7% in the latest week.
The Pulse: Today’s economic news September 13, 2024
“Invest for the long haul. Don’t get too greedy, and don’t get too scared.” Shelby M.C. Davis
“Invest for the long haul. Don’t get too greedy, and don’t get too scared.” – Shelby M.C. Davis.
The Pulse, Thursday, September 12, 2024
Economic news for September 12, 2024
The Pulse Monday, September 9, 2024
Today's economic news for September 9, 2024
Market Recap Week Ended September 6, 2024
Slippery slope U.S. stock indexes posted some of the steepest weekly declines in more than a year, with the NASDAQ down nearly 6% as of Friday’s close, the S&P 500 falling more than 4%, and the Dow declining almost 3%. Technology stocks were hit particularly hard amid fresh concerns about the short-term profit potential from artificial intelligence.