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Market Insights: Wednesday, December 11th, 2024

Market Overview:

The Nasdaq crossed the 20,000 mark for the first time ever as Big Tech stocks soared, buoyed by favorable inflation data that reinforced expectations of a Federal Reserve interest rate cut. The Nasdaq Composite jumped 1.76%, propelled by a blistering rally in the "Magnificent Seven...

Market Insights: Monday, December 9th, 2024

Market Overview:

US stock markets pulled back from record highs on Monday as Nvidia faced pressure amid a Chinese antitrust probe, and investors braced for this week’s critical consumer inflation report. The Dow Jones Industrial Average dipped 0.54%, extending its losing streak from last week. The ...

Market Insights: Friday, December 6th, 2024

Market Overview:

U.S. stocks ended a volatile week with mostly positive performance on Friday following the release of a closely watched jobs report. The Nasdaq led gains, climbing 0.78%, while the S&P 500 rose 0.19%. The Dow, however, slipped 0.26% amid weakness in cyclicals. The U.S. economy adde...

Market Insights: Thursday, December 5th, 2024

Market Overview:

U.S. stocks paused their recent rally on Thursday as investors awaited Friday’s crucial jobs report and digested fresh economic data. The Dow led losses with a 0.55% decline, while the S&P 500 and Nasdaq each dipped 0.16%. Bitcoin pulled back after reaching a milestone of over $103...

Market Insights: Wednesday, December 4th, 2024

Market Overview:

The stock market continued its impressive rally on Wednesday as tech stocks fueled gains across all major indices, leading to record closes. The Nasdaq surged 1.3% to a new high of 19,735.12, while the Dow climbed 0.7%, closing above 45,000 for the first time ever. The S&P 500 also...

Market Insights: Tuesday, December 3rd, 2024

Market Overview:

U.S. stocks closed mixed today as investors weighed fresh economic data and remarks from Federal Reserve officials that hinted at future rate cuts. Both the S&P 500 and the Nasdaq posted modest gains of 0.1% and 0.4%, respectively, marking new record highs. The Dow, however, slippe...

Market Insights: Monday, December 2nd, 2024

Market Overview:

The Nasdaq and S&P 500 started December with a bang, closing at record highs as optimism in the tech sector lifted the broader market. The Nasdaq climbed nearly 1%, led by a surge in Tesla and Meta, which each gained over 3%. Meanwhile, the S&P 500 edged up 0.2%, continuing its rec...

Market Insights: Friday, November 29th, 2024

Market Overview:

US markets soared to record highs during a shortened Friday session, reflecting robust investor optimism as November ended on a strong note. The Dow Jones Industrial Average rose 0.4%, hitting a new record, while the S&P 500 gained 0.6% to close at its highest level ever. Leading t...

Market Insights: Wednesday, November 27th, 2024

Market Overview:

Markets slid on Wednesday as fresh economic data revealed faltering progress on inflation, reviving concerns about the Federal Reserve's monetary policy direction. The S&P 500 retreated by 0.4%, the Dow Jones Industrial Average shed 0.3%, and the tech-heavy Nasdaq Composite fell 0....

Market Insights: Tuesday, November 26th, 2024

Market Overview:

The S&P 500 and Dow Jones Industrial Average notched fresh records on Tuesday as Wall Street demonstrated resilience despite new trade threats from President-elect Donald Trump. The S&P 500 rose nearly 0.6% to close at an all-time high, while the tech-heavy Nasdaq Composite mirrore...

Market Insights: Monday, November 25th, 2024

Market Overview:

The Dow Jones Industrial Average climbed more than 400 points to set a fresh record on Monday, fueled by optimism surrounding President-elect Donald Trump’s nomination of Scott Bessent for Treasury Secretary. This decision has provided a sense of stability as investors anticipate a...

Market Insights: Friday, November 22nd, 2024

Market Overview:

US stocks closed Friday on a strong note, with the Dow Jones Industrial Average surging nearly 400 points to a new record high. The S&P 500 rose 0.3%, while the Nasdaq Composite added a modest 0.2%. These gains capped off a solid week for equities, buoyed by optimism around economi...