Feb 1, 2025 | Weekly Cache
Last week, Dow Jones was up 0.3%, S&P 500 lost 1%, and Nasdaq was down 1.6%. The week was especially volatile, AI plays were down Monday on DeepSeek concerns, and then had a strong week, until US tariff developments sent stocks down again Friday afternoon. Nvidia,...
Jan 25, 2025 | Weekly Cache
Last week, Dow Jones gained 2.15%, S&P 500 was up 1.7%, and Nasdaq rose 1.65%, despite Friday’s modest losses. Magnificent Seven stocks Tesla, Meta, Microsoft, and Apple will report earnings this coming week, and could provide clues about planned AI capex...
Jan 18, 2025 | Weekly Cache
Markets had a positive end even as US markets will be closed on Monday, suggesting the intermediate ~month long pause could be behind us. Dow Jones rose 3.7% last week, S&P 500 gained 2.9%, and Nasdaq composite was up 2.45%. Trading platform eToro has filed...
Jan 11, 2025 | Weekly Cache
Last week, Dow Jones and S&P fell 1.9%, NASDAQ lost 2.3%. Both S&P and NASDAQ are down nearly 1% so far in 2025, as a hot jobs report spiked treasury yields. Anthropic in is talks to raise funding at a US$60 billion valuation — more than 3x the company’s...
Jan 4, 2025 | Weekly Cache
Friday was the last day of the Santa Claus rally — Dow Jones was down 0.4%, S&P lost 0.5%, Nasdaq fell 0.7% during that period this time around. While this could presage larger declines during the year, 2023 and 2024 had weak Santa Claus rallies as well, and...