Dec 9, 2023 | Weekly Cache
Last week, the market had modest gains, driven in the second half of the week. For the week, Dow Jones gained 2 points, S&P 500 index was up 0.2% and Nasdaq composite rose 0.7%. S&P 500 hit its 2023 high on Friday, and Nasdaq is coming up to that level. The...
Dec 2, 2023 | Weekly Cache
Last week, Dow Jones rose 2.4%, S&P 500 was up 0.8% and Nasdaq composite gained 0.4%. Dow Jones hit a 52-week high, S&P 500 set a 2023 closing high, with Nasdaq not far behind. Russell 2000 also finally rose above a key level. Reddit is again holding talks...
Nov 25, 2023 | Weekly Cache
Last week, Dow Jones rose 1.3%, S&P 500 was up 1%, and Nasdaq gained 0.9%. Market indices have had a good November, approaching 2023 highs. The VIX is at lows, leading some investors to believe that the market is due for a healthy consolidation or pullback. In the...
Nov 18, 2023 | Weekly Cache
Last week, Dow Jones gained 1.9%, S&P 500 rose 2.2% and Nasdaq was up 2.4%. OpenAI ousted Sam Altman for misleading its Board, which could have far reach consequences for the AI ecosystem. Google has delayed the cloud release of its Gemini AI product. Microsoft...
Nov 11, 2023 | Weekly Cache
Last week, Dow Jones rose 0.65%, S&P 500 rose 1.3%, and Nasdaq composite was up 2.4%. Shein has told potential investors that it’s seeking a valuation of US$80 billion to US$90 billion in an eventual U.S. IPO, a big jump from the fast-fashion giant’s US$66 billion...
Nov 4, 2023 | Weekly Cache
Last week, Dow Jones was up 5.1%, its best week in a year. S&P 500 rose 5.85%, Nasdaq composite was up 6.6% — both had their best weeks since early November 2022. The Biden administration on Monday issued a far-reaching executive order, that requires Google,...
