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.
Explore the latest insights on the financial markets with Larson Market Commentary. Dive into the fifth consecutive week of gains for the S&P 500, discover the standout performance of Small Cap Value stocks, and stay updated on key market indices and S&P sectors. Get expert analysis on the economic landscape, including missed expectations in New Home Sales and the dynamic shifts in the Yield curve. Agent/Broker Dealer Use Only.
The attack on Israel flared up long-standing tensions in the region, causing oil prices to jump. Some market analysts said prices could rise as high as $150 per barrel, but the initial shocks only sent prices back into the $90 range.
Are we headed for a recession? At the beginning of 2023, market indicators pointed in that direction, but has that now changed?
The Major Markets closed higher across the board last week. For the S&P 500, the big news was that it crossed over the 4,300 level after flirting with the threshold the last couple weeks. Moreover, the cumulative gains since the Q4 lows exceeded 20 percent, effectively taking the Blue-Chip index back into bull market territory.
St. Louis-Based, Nationwide Impact.
"*" indicates required fields