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Mixed Market Performances Mark the Mid-Year
Mixed market results marked the end of the first half of 2024. NASDAQ and MSCI World Index closed positively, contrasting with declines in the S&P 500, Dow Jones, and Emerging Markets.
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Markets Diverge as Nasdaq Hits New Highs
Last week saw mixed market results: the Nasdaq rose 1.4%, the Dow Jones fell 2.3%, and the S&P 500 stayed flat. The Nasdaq and S&P 500 hit new highs.
Weekly Market Overview: April 15 – April 19
The S&P 500 drops 3% amid mixed earnings and Middle East tensions. Read the full weekly market overview here.
Weekly Market Overview: March 11 – March 15
The S&P 500 index edged down 0.1% this week as investors digested higher-than-expected inflation readings for February.
February Ended Mixed
The Major Markets closed out the month of February mixed and last week’s economic news was lackluster at best.
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.
Optimism Returned Across the Equity Market
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.