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Market Insights: Tuesday, November 5th, 2024

Market Overview:

The Dow, S&P 500, and Nasdaq all advanced as Wall Street positioned for the 2024 presidential election results. On Election Day, US stocks showed strong gains across the board, led by the tech-heavy Nasdaq Composite (^IXIC), which rose approximately 1.4%. The benchmark S&P 500 (^GS...

Market Insights: Monday, November 4th, 2024

Market Overview:

The Dow Jones led stocks lower in a volatile session as Wall Street braced for the presidential election and an important Federal Reserve policy decision later this week. The S&P 500 (^GSPC) dropped 0.3%, with the tech-heavy Nasdaq Composite (^IXIC) also declining by a similar marg...

Market Insights: Friday, November 1st, 2024

Market Overview:

The Nasdaq and S&P 500 posted a moderate rebound today as investors assessed a surprisingly weak jobs report and were cheered by Amazon’s (AMZN) earnings surge. The Nasdaq Composite (^IXIC) rose 0.8%, the S&P 500 (^GSPC) advanced 0.4%, and the Dow Jones Industrial Average (^DJI) ga...

Market Insights: Thursday, October 31st, 2024

Market Overview:

The Nasdaq led a sharp decline in US equities today, driven by disappointing earnings from Microsoft (MSFT) and Meta (META) that sparked concerns over rising costs in the Big Tech sector, particularly in artificial intelligence infrastructure. The Nasdaq Composite (^IXIC) plummeted...

Market Insights: Wednesday, October 30th, 2024

Market Overview:

The Nasdaq, S&P 500, and Dow Jones closed slightly lower today as markets digested Alphabet’s (GOOG, GOOGL) strong earnings alongside new economic data that contributed to a mixed outlook for the Federal Reserve’s upcoming interest rate decision. The Dow Jones Industrial Average (^...

Market Insights: Tuesday, October 29th, 2024

Market Overview:

The Nasdaq Composite marked a record close on Tuesday, driven by Alphabet’s earnings report, which fueled a positive tone across Big Tech as earnings season intensifies. Alphabet (GOOG, GOOGL) exceeded Wall Street expectations in both revenue and earnings, with after-hours trading ...

Market Insights: Monday, October 28th, 2024

Market Overview:

The Dow Jones Industrial Average led the market higher on Monday, gaining over 250 points, or nearly 0.7%, as US stocks climbed at the start of a crucial week packed with Big Tech earnings, key inflation data, and the monthly jobs report. The tech-heavy Nasdaq Composite (^IXIC) and...

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 500 (^GSP...

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 performance...

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 Composite (^IXI...

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 cautiously...

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 on...