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Weekly Market Commentary
Weekly Market Commentary | September 23rd, 2024
Week in Review... This week, the market’s eyes were all on the Fed which delivered a 50-basis point cut, the first rate cut since March 2020. Markets rallied with the end of the Fed’s tightening cycle. The S&P 500 rose 1.36%, following the prior week’s strong...
Market Commentary | September 16th, 2024
Week in Review... U.S. stock markets rallied after a significant downturn last week. A recap of the week, as of September 13, 2024: The S&P 500 surged 4.0%, marking its strongest weekly gain of the year The Dow Jones Industrial Average climbed 2.6%, recovering...
Market Commentary | September 9th, 2024
Week in Review... U.S. stock markets experienced a significant downturn this week, marking their worst performance since March 2023: The S&P 500 fell 4.25% for the week The Dow Jones Industrial Average declined by 2.93% The Nasdaq Composite...