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August 2024

Weekly Recap

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US: Investors cheered the prospect of upcoming interest rate cuts announced by Federal Reserve Chair Jerome Powell, pushing the Dow Jones Industrial Average and S&P 500 Index toward record highs, with broad-based gains led by small-cap stocks. Powell’s speech at… Read More »Weekly Recap

Weekly Recap

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US: Stocks posted solid gains for the week, fueled by positive news on inflation and growth, raising hopes of a “soft landing” for the economy. The Nasdaq Composite, driven by strong performances from tech stocks like NVIDIA, which surged nearly… Read More »Weekly Recap

Weekly Recap

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US: U.S. markets experienced volatility driven by concerns over economic growth, technical factors, and programmatic trading. Major indexes, including the S&P 500 and Nasdaq Composite, approached correction territory, while the CBOE Volatility Index (VIX) spiked to its highest level since… Read More »Weekly Recap

Weekly Recap

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US: U.S. stock markets fell sharply last week as economic data and earnings reports from major companies led to investor uncertainty. Despite a broad performance in the S&P 500 Index, the small-cap Russell 2000 Index experienced a steep decline, while… Read More »Weekly Recap