Feb 17, 2024 | Weekly Cache
Last week, markets held up reasonably well despite hot inflation reports. Dow Jones was down 0.1%, S&P 500 lost 0.4% and Nasdaq fell 1.3%. As indices remain near highs, Nvidia’s earnings report Wednesday will be crucial. The Company surpassed Amazon in market...
Feb 10, 2024 | Weekly Cache
Last week, Dow Jones was up just fractionally while S&P 500 rose 1.4%, moving above the key 5,000 level. Nasdaq gained 2.3%, briefly exceeding the 16,000 level. OpenAI’s CEO Sam Altman has spoken with investors about raising trillions of dollars to fund an effort...
Feb 3, 2024 | Weekly Cache
On the back of risks we highlighted last week, markets struggled mid week, as Fed chief Powell largely ruled out a March rate cut, and Google results weighed on tech stocks. That said, Dow Jones and S&P 500 rose 1.4% last week as both set record highs. Nasdaq...
Jan 27, 2024 | Weekly Cache
Last week, Dow Jones rose 0.65%, S&P 500 gained 1.1% and Nasdaq composite was up 0.9%. Investors could now pause to see big earnings and economic news, including a Fed meeting this coming week. While Wall Street cheers on Silicon Valley, tech companies are...
Jan 20, 2024 | Weekly Cache
Last week, stock markets had a strong finish. On Friday, S&P 500 rose past its January 2022 all-time high. Dow Jones also closed at an all-time high. Nasdaq, while still not at a record high, closed at a two year high after rising 2.9%. Reddit plans to go public...
