Archive for November 2024

In last week’s commentary, we wondered if equity markets would continue their post-election rally or slide into a deeper correction. This past week, the markets gave us an answer – a resounding vote of confidence. The S&P 500 posted five consecutive winning sessions, while the Dow Jones Industrial Average set a new all-time closing record…

The honeymoon between the incoming Trump administration and U.S. equity markets has proven to be short lived. This past week, equity markets experienced a sharp decline, erasing a significant portion of the gains seen since Election Day. Following a rally on and after November 8 – driven by optimism over potential pro-growth policies and tax…

Last week was a good one for U.S. investors: All equity indices closed at or near all-time highs. Plus, the Federal Reserve delivered another reduction in interest rates to support the economy. The S&P 500 Index set its 50th record of 2024, briefly eclipsing the 6,000 milestone, while the Dow Jones Industrial Average had its…

Election Day 2024 is here, and the markets are feeling the pressure. After a long streak of gains, the S&P 500 slipped for two weeks in a row, with October marking its first monthly drop since July. Political uncertainty is adding fuel to market volatility, and what happens next may depend heavily on Tuesday’s results.…