Week In Perspective July 8, 2024: Stocks Steady in Short Holiday Trading
Stocks steadily advanced over the holiday week thanks to strength in mega-cap tech issues and encouraging jobs data.
Stocks steadily advanced over the holiday week thanks to strength in mega-cap tech issues and encouraging jobs data.
Following a rocky start, stocks finished the second quarter higher as investors remained optimistic the Fed will manage interest rates with inflation trending lower.
Stocks finished the last week of June and Q2 mixed as investors digested a fresh round of economic data.
Stocks edged higher over the four trading days last week, with the three major averages taking turns leading based on various economic and artificial intelligence (AI) news.
Stocks notched a solid gain last week, driven by the Fed’s decision, May's inflation report, and Apple’s AI-related news.
Stocks rose in May as investors cheered upbeat Q1 corporate reports and signs that the economy was still strong while not overheating.
Stocks rose last week despite conflicting stories from economic reports.
Stocks edged lower in the final week of May as fresh news on economic growth and inflation failed to inspire investors.
Last week's stock performance was mixed, following investors' reaction to the Fed's May meeting minutes, while a handful of mega-cap tech companies created a buzz with their news.
Stocks notched a solid gain last week in a mega-cap, tech-led rally bolstered by positive inflation news.
Stocks notched a solid gain last week as rate-cut expectations paced the rally as the Q1 earnings season wound down.
Stocks notched a solid gain last week, rallying behind upbeat earnings, a dovish Fed, and mixed economic data.
Stocks staged a choppy comeback last week as investors cheered positive earnings, led by mega-cap tech stocks. The rally came to pass despite fresh data showing a slowing economy and increasing inflationary pressures.
Stocks fell for a third straight week, as Fed Chair Jerome Powell's mixed but upbeat message could not offset the anxiety caused by the Middle East conflict.
Stocks fell last week as investors sorted through conflicting inflation reports and assessed geopolitical tensions.
Stocks notched solid gains in the first quarter as enthusiasm about artificial intelligence, signs of a soft landing, and dovish talk from the Fed buoyed investor confidence.