Jul 20, 2024 | Weekly Cache
Last week, after a few weeks of markets being extended, Dow Jones rose 0.7%, S&P 500 fell 2% after hitting a record Tuesday, and Nasdaq lost 3.65%. CBOE Volatility Index, or VIX, jumped nearly 33% to 16.53, logging its largest weekly gain since March 2023....
Jul 13, 2024 | Weekly Cache
Last week, markets had a big shake-up on Thursday, but major indices closed up for the week — Dow Jones rose 1.6%, S&P 500 gained 0.9%, and Nasdaq composite was up 25 bps. That said, with the NASDAQ still stretched, upcoming tech earnings could cause...
Jul 6, 2024 | Weekly Cache
Last week, Dow Jones rose 0.7%, S&P 500 1.95% and Nasdaq composite 3.5%. Alameda-Backed miner, Genesis Digital Assets is weighing a US IPO — GDA traces its roots to one of the earliest crypto mining companies and received over US$1 billion worth of...
Jun 29, 2024 | Weekly Cache
Last week, Dow Jones was down 0.1%, S&P 500 lost 0.1%, and Nasdaq composite was up 0.2%. Nasdaq and S&P 500 both reversed after hitting record highs Friday morning. Webtoon, which operates a smartphone app for authors and readers of comics jumped 9% following...
Jun 22, 2024 | Weekly Cache
Despite some market weakness late last week, Dow Jones was up 1.45%, S&P 500 gained 0.6% and Nasdaq composite rose marginally for the week ended June 21. Cerebras, a developer of AI chips, trying to compete with Nvidia, has filed for an IPO confidentially....
Jun 15, 2024 | Weekly Cache
Last week, Nasdaq and S&P 500 rose again, as both indices hit fresh highs. Dow Jones fell 0.5%. The market rally could be due for a breather as indices appear to diverge. Shares in newly public Tempus AI began trading on the stock market on Friday, ending up 8.8%...
