Weekly Market Overview
The S&P 500 rose 1.7% to a new record close as stronger-than-expected quarterly results from Walmart and NVIDIA boosted investor sentiment.
The S&P 500 rose 1.7% to a new record close as stronger-than-expected quarterly results from Walmart and NVIDIA boosted investor sentiment.
UPDATE: On December 3, 2024, a Federal District Court issued a nationwide injunction blocking enforcement of the CTA.
This week holds the July FOMC Meeting. Market participants anticipate that the FOMC will raise the Fed Funds rate one more time to the 525-550 basis point level. As it stands today, the CME Group projects the greater probability that this will serve as the peak in the Fed Funds rate.
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US Markets Push Higher as Fed Cut Bets Build, with the Dow, S&P, and Nasdaq gaining while small caps lead. Investors eye tariffs, earnings, and Powell’s Jackson Hole speech.
US Markets Pull Back Sharply Despite Strong Tech Earnings as weak jobs data, hawkish Fed signals, and new tariffs weigh on investor sentiment.
Markets climb as big tech drives weekly gains, led by strong Nvidia earnings and easing trade tensions. Read more.
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