March 22nd, 2024 Stocks received a solid assist this week from Federal Reserve Chair Jerome Powell, helping markets break new highs. Following the conclusion of the Federal Open Market Committee (FOMC) meeting on Wednesday, Powell eased investors’ concerns over whether the uptick in recent inflation reports would prompt a more aggressive posture from the central…
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March 8th, 2024 Equity markets lost steam for the week despite the S&P 500 and Nasdaq Composite Index reaching new all-time highs on Thursday. While the major indices lost between -0.25% and -1.17% on the week, bullishness has started to broaden away from strictly domestic large cap and tech stocks. The S&P 400, which tracks U.S….
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March 1st, 2024 The stock market rallied once again this week to close out the best February for the S&P 500 and Nasdaq Composite in nearly a decade. The S&P 500 scored its third record high of the month on Thursday. The gains were not just AI related as all eleven S&P 500 sectors traded…
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