(702) 518-0915

Blog

Market Insights: Friday, October 25th, 2024

Market Overview:
The Nasdaq closed near record highs amid a rough week for stocks. U.S. stocks closed mixed Friday as Treasury yields ripped higher, and markets logged weekly losses as uncertainty over the Federal Reserve's next move shadowed a robust earnings season in full swing. The S&P...

Market Insights: Thursday, October 24th, 2024

Market Overview:
Tesla (TSLA) led a strong rally in tech stocks on Thursday, driving the Nasdaq Composite (^IXIC) up by 0.8%. The electric vehicle giant posted its best day in over a decade, soaring by more than 20% after reporting impressive earnings and a bullish sales outlook. Tesla's...

Market Insights: Wednesday, October 23rd, 2024

Market Overview:
Stocks slumped on Wednesday as the major indices extended their losses amid rising bond yields and ongoing earnings reports. The S&P 500 (^GSPC) closed down more than 0.9%, while the Dow Jones Industrial Average (^DJI) shed nearly 1%. Leading the declines, the Nasdaq...

Market Insights: Tuesday, October 22nd, 2024

Market Overview: The S&P 500 posted its first back-to-back losses since early September, as investors grappled with rising bond yields and a slew of mixed earnings reports. The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) both closed slightly lower, reflecting a market treading...

Market Insights: Monday, October 21st, 2024

Market Overview:
Stocks closed mixed on Monday as the market digested a sharp rise in Treasury yields while investors prepared for a crucial week of corporate earnings. The Dow Jones Industrial Average (^DJI) suffered a significant drop, shedding over 300 points, or 0.8%, as rising yields weighed...

Market Insights: Friday, October 18th, 2024

Market Overview: U.S. stocks ended the week on a high note, led by Netflix’s (NFLX) explosive 11% rally following its stellar earnings report. This momentum helped push the S&P 500 (^GSPC) to a fresh all-time high, while also marking its sixth consecutive week of gains, the longest...

Market Insights: Thursday, October 17th, 2024

Market Overview:
U.S. stocks moved higher on Thursday, with the Dow Jones Industrial Average hitting fresh records. The technology sector led the charge as upbeat guidance from Taiwan Semiconductor Manufacturing Company (TSMC) alleviated concerns about artificial intelligence (AI) demand. TSMC's...

Market Insights: Wednesday, October 16th, 2024

Market Overview: U.S. stocks rebounded on Wednesday, with the Dow Jones Industrial Average leading the charge, jumping nearly 350 points, or about 0.8%, to close at a record high of 43,077.70. The rebound was fueled by strong earnings results, particularly from Morgan Stanley, which saw its...

Market Insights: Tuesday, October 15th, 2024

Market Overview:
U.S. stocks took a breather on Tuesday after reaching fresh highs the previous day, with technology stocks leading the retreat. The Nasdaq slid by 1.44%, driven by a selloff in semiconductor stocks after ASML’s earnings were prematurely released, forecasting a...

Market Insights: Monday, October 14th, 2024

Market Overview: U.S. stocks climbed on Monday, with the Dow and S&P 500 securing fresh record highs, propelled by a strong rally in tech stocks led by Nvidia. The Dow Jones Industrial Average gained more than 200 points, rising 0.47% to surpass the 43,000 mark for the first time, while the...

Market Insights: Friday, October 11th, 2024

Market Overview:
The U.S. stock market saw record highs on Friday as major U.S. banks kicked off earnings season with strong quarterly results. The Dow Jones Industrial Average surged 0.97%, closing at a new all-time high, driven by positive earnings from JPMorgan Chase, which set an optimistic...

Market Insights: Thursday, October 10th, 2024

Market Overview:
The U.S. stock market faced slight losses on Thursday as investors digested hotter-than-expected inflation data and weaker job numbers, which clouded the outlook for the Federal Reserve's next interest rate decision. The Dow Jones Industrial Average slipped by 0.14%, losing...