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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...
Market Commentary | September 3rd, 2024
Week in Review... Stocks and risk assets ended the week mixed following Federal Reserve Chair Jerome Powell's speech on August 23 at the Jackson Hole Economic Symposium. The S&P 500 edged up 0.24%, marking its fifth consecutive monthly gain The Dow Jones...
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