by John Rothe, CMT | Jun 24, 2024 | Insights
Market Recap The major U.S. stock indexes posted gains last week, led by the Dow Jones Industrial Average which rose 1.5%. The small-cap Russell 2000 index gained 0.8%, while the large-cap S&P 500 added 0.6%. The tech-heavy Nasdaq Composite ended the week flat....
by John Rothe, CMT | Jun 17, 2024 | Insights
Tech Continues to Outpace Rest of the Market The major U.S. stock indexes had a mixed week. The tech-focused NASDAQ and the large-cap S&P 500 both reached new record highs. However, the smaller-cap Russell 2000 and the 30-stock Dow Jones Industrial Average (DJIA)...
by John Rothe, CMT | Jun 10, 2024 | Insights
Recap: Investors Still Expecting September Rate Cute Wall Street is optimistic that the economy and job market are slowing down enough for the Federal Reserve to consider cutting interest rates later this year. This sentiment pushed the S&P 500 and NASDAQ...
by John Rothe, CMT | Jun 3, 2024 | Insights
Recap: Slower Economic Growth? Most major U.S. equity benchmarks closed lower over the holiday-shortened trading week, but still managed to end May with modest gains. Contrary to the past six weeks, value stocks outperformed growth stocks, and smaller-cap stocks...
by John Rothe, CMT | May 21, 2024 | Insights
Recap: Markets Reach New Highs Equity investors had much to celebrate this week as major market indices soared to new records. The Dow Jones Industrial Average (DJIA) surpassed the 40,000 point mark for the first time in history, while the S&P 500 and NASDAQ also...
by John Rothe, CMT | May 13, 2024 | Insights
Market Recap – Markets Up on Strong Q1 Earnings Results It was another positive week for equity investors, with the DJIA turning in its best weekly gain since December and its 4th consecutive weekly gain. Meanwhile, the S&P 500 recorded its 3rd consecutive...
