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...
Jan 13, 2024 | Weekly Cache
After the first week of 2024 saw lots of selling, perhaps to optimize taxes on 2023 capital gains — last week was better for investors. Major indices, having found support at key levels are now at important resistance levels. Dow Jones was up 0.3% last week,...
Dec 23, 2023 | Weekly Cache
As the year comes to an end, may the Holiday Season bring you happiness and 2024 be filled with investing success. We will be back in January. Last week, the market looked past Wednesday’s sell-off and major indexes rose for an eighth straight week — Dow...
Dec 16, 2023 | Weekly Cache
With the Fed possibly pivoting to rate cuts in 2024, Dow Jones hit an all-time high, S&P 500, Nasdaq composite, Russell 2000 and S&P MidCap 400 – all hit 52-week highs. For the week, Dow Jones was up 2.9%, S&P 500 gained 2.5%, and Nasdaq composite...
