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...
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...