by lportee53 | Jul 15, 2024 | Market Commentary
Equity markets reacted positively to CPI news with the Russell 2000 having a breakout week, finishing up 6%. The other broad indices were up, with the Dow leading. The S&P 500 was up for the week, gaining 0.87% The Dow Jones Industrial Average led, ending up 1.59%...
by lportee53 | Jul 8, 2024 | Market Commentary
Broad equity finished higher for the week, with the S&P 500 and the Nasdaq indices both reaching record highs. The S&P 500 was up for the week, gaining 1.95% The Dow Jones Industrial Average was up by 0.66% The Nasdaq Composite was up by 3.50% The 10-Year...
by lportee53 | Jul 1, 2024 | Market Commentary
Broad equity finished mixed for the trading week. The S&P 500 was down for the week, falling -0.08% The Dow Jones Industrial Average fell by -0.08% The Nasdaq Composite finished up 0.24% The 10-Year Treasury closed at 4.39% The Conference Board’s (CB) Consumer...
by lportee53 | Jun 24, 2024 | Market Commentary
Broad equity finished mostly higher for the short trading week. The S&P 500 was up for the week, gaining 0.61% The Dow Jones Industrial Average was up by 1.45% The Nasdaq Composite finished flat at 0.00% The 10-Year Treasury closed at 4.25% The week was relatively...
by lportee53 | Jun 17, 2024 | Market Commentary
Markets were mixed for the week following a rate rally led by softer Consumer Price Index (CPI) numbers and a Fed decision to leave rates unchanged: The S&P 500 was up near-record levels for the week, gaining 1.58% The Dow Jones Industrial Average fell by 0.54%...
by lportee53 | Jun 10, 2024 | Market Commentary
Broad equity finished higher for the week in spite of a stronger-than-expected jobs report. The S&P 500 was up near-record levels for the week, gaining 1.32% The Dow Jones Industrial Average was up by 0.29% The Nasdaq Composite finished higher by 2.38% The 10-year...