Get Pricing
Market Insights: Wednesday, December 18th, 2024

Market Overview

Stocks faced steep losses on Wednesday following the Federal Reserve's announcement of a 25 basis point rate cut, paired with a more cautious projection for rate reductions in 2025. The Dow Jones Industrial Average dropped 2.6%, shedding over 1,000 points, marking its tenth...

Continue Reading...
Market Insights: Tuesday, December 17th, 2024

Market Overview

The Dow Jones Industrial Average marked its ninth straight losing session on Tuesday, falling 0.6% as markets awaited the Federal Reserve's decision. This drop extended the Dow's longest losing streak since February 1978, when it also fell for nine consecutive days. The S&P...

Continue Reading...
Market Insights: Monday, December 16th, 2024

Market Overview:

The Nasdaq Composite soared to new record highs on Monday, propelled by gains in major tech stocks and optimism surrounding bitcoin’s continued rally. Tesla, Google, Amazon, and Apple all reached fresh highs, contributing to the Nasdaq's 1.24% increase. The S&P 500...

Continue Reading...
Market Insights: Friday, December 13th, 2024

Market Overview:

Despite notable performances in select tech stocks, Wall Street ended Friday with mixed results. The Nasdaq Composite rose 0.1%, buoyed by Broadcom’s remarkable surge to all-time highs, driven by an AI-driven sales forecast that exceeded expectations and pushed its market...

Continue Reading...
Market Insights: Thursday, December 12th, 2024

Market Overview:

Wall Street faced a setback as fresh inflation data challenged the optimism of investors banking on continued rate cuts. The Dow Jones Industrial Average dropped 0.56%, the S&P 500 declined 0.51%, and the tech-heavy Nasdaq Composite fell 0.65%, signaling a pause in the recent...

Continue Reading...
Market Insights: Wednesday, November 13th, 2024

Market Overview:

US stock markets ended Wednesday with mixed results as the latest Consumer Price Index (CPI) report delivered inflation data that closely aligned with forecasts, reinforcing expectations of a Federal Reserve rate cut next month. The Nasdaq Composite, heavily weighted in tech,...

Continue Reading...
Market Insights: Tuesday, November 12th, 2024

Market Overview:

The post-election surge took a pause on Tuesday, with U.S. stock indices stepping back ahead of Wednesday's highly anticipated Consumer Price Index (CPI) report. The Dow Jones Industrial Average led the decline, dropping nearly 0.8%—or around 350 points—as investors...

Continue Reading...
Market Insights: Monday, November 11th, 2024

Market Overview:

The Dow and S&P 500 surged to close above key milestones Monday, driven by a post-election rally that continues to energize Wall Street. This "Trump trade" has reignited optimism, with Bitcoin soaring near $87,000 and Tesla stock climbing for the fifth consecutive session....

Continue Reading...
Market Insights: Thursday, November 7th, 2024

Market Overview:

The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) achieved record highs as a Fed rate cut and continued optimism from Donald Trump’s election win fueled a tech-led rally. The Federal Reserve’s anticipated 25 basis point rate cut lowered the benchmark rate to...

Continue Reading...
Market Insights: Wednesday, November 6th, 2024
 

Market Overview:

Following Donald Trump’s election victory over Kamala Harris, US stocks soared, marking record highs across major indices. The Dow Jones Industrial Average (^DJI) surged approximately 3.5%, adding around 1,500 points to close at a record, with its strongest...

Continue Reading...
Market Insights: Tuesday, November 5th, 2024

Market Overview:

 

The Dow, S&P 500, and Nasdaq all advanced as Wall Street positioned for the 2024 presidential election results. On Election Day, US stocks showed strong gains across the board, led by the tech-heavy Nasdaq Composite (^IXIC), which rose approximately 1.4%. The...

Continue Reading...
Market Insights: Monday, November 4th, 2024

Market Overview:

The Dow Jones led stocks lower in a volatile session as Wall Street braced for the presidential election and an important Federal Reserve policy decision later this week. The S&P 500 (^GSPC) dropped 0.3%, with the tech-heavy Nasdaq Composite (^IXIC) also declining by a...

Continue Reading...
1 2