May 11, 2024 | Weekly Cache
Major indices resumed their move towards record or 52-week highs last week — Dow Jones gained 2.2%, S&P 500 rose 1.85%, and the Nasdaq composite was up 1.1%. Chinese EV maker Zeekr priced its US IPO at top of range to raise US$441 million, the stock popped...
May 4, 2024 | Weekly Cache
Markets ended the week strongly, due to a tame jobs report, which led to rate cut hopes and a rebounding Apple, prior to Berkshire indicating it cut its Apple position on Saturday. Dow Jones rose 1.1% during the week, S&P 500 gained 0.55%, and Nasdaq composite...
Apr 27, 2024 | Weekly Cache
Last week, the stock market rebounded strongly due to mega-cap earnings even amid an alarming inflation report — Dow Jones rose 0.7%, S&P 500 gained 2.7%, Nasdaq advanced 4.2%. Rubrik rose 16% in its trading debut after the cloud and data security startup...
Apr 20, 2024 | Weekly Cache
Last week, S&P 500 lost 3.05% – its biggest weekly decline in a year. Nasdaq composite fell 5.5% – its worst week since November 2022. However, the first-day stock price of Ibotta, traded up 17% Thursday from its US$88 IPO price, which already was at...
Apr 13, 2024 | Weekly Cache
NASDAQ hit a record close Thursday, then fell 1.6% Friday, ending the week down 0.45%. During the week, S&P 500 lost 1.55%, Dow Jones was down 2.4%. The CBOE Volatility index rose to 17.31 Friday, with a its 19.20 session peak, the highest since last fall. Ibotta...
