Month: December 2024

December 15th, 2024 |

Market Review |

In the past week, the S&P 500 experienced a decrease of 0.6%. Over the last month, it remained unchanged at 0%. Looking back over the past three months, the S&P 500 saw an increase of 0.3%. In the last year, the S&P 500 showed growth of 28.6%. Read More

December 8th 2024 |

Key Takeaways

• Short-lived consolidation possible
• Positive outlook remains unchanged
• No major dealbreakers visible

Market Review

U.S. averages finished the week with a mixed performance. The Dow Jones Industrial Average slipped 0.6% over the week, to end at 44,642.52. The S&P 500 rose 1.0% from last week's close to finish at a new record of 6,090.27. The Nasdaq closed at 19,859.77, posting a 3.3% weekly rise. Both the S&P 500 and the Nasdaq marked their third straight positive week. Among the key S&P sectors, the discretionary sector was the best weekly performer, while the energy sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded around 12.8. Read More

December 1st 2024

Key Takeaways

• Market Is Moving In Line With Outlook
• Expect Further Gains Ahead
• Positive Outlook Unchanged

Market Review

U.S. stocks rallied for another week, with two benchmarks scoring all-time closing highs. The Dow Jones Industrial Average posted a weekly increase of 1.4% to finish at a record of 44,910.65. The S&P 500 rose 1.1% for the five days to a record closing of 6,032.38. The Nasdaq also added 1.1% during the week to 19,218.17. Nearly all key S&P sectors ended in positive territory for the week, led by the health care sector. Energy was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded around 13.5. Read More