Archive for December 2024

The financial markets experienced a whirlwind of volatility this past week, leaving investors on edge as they navigated a series of dramatic events. The Federal Reserve’s hawkish tone at the Dec. 18 Federal Open Markets Committee meeting, coupled with political turmoil in Washington, sent shockwaves through equities. With the new administration’s fiscal policies looming and…

The post-election rally in U.S. equity markets lost momentum last week as fresh inflation data raised concerns about the Federal Reserve’s next move. While the bond market now expects a near-certain 25 basis-point rate cut at the Federal Open Market Committee (FOMC) meeting on Dec. 17-18, some fixed-income investors worry that this could be a…

Another week and another set of records for most U.S. equity indices! During the first week of December, the S&P 500 Index and the Nasdaq registered their third straight week of gains, grinding higher in a slow and methodical fashion. The release of unemployment data on Friday, showing solid gains in payrolls, was a fitting…

Investors had a lot to be thankful for during this Thanksgiving holiday. The U.S. stock market continued its strong post-election rally, with the Dow Jones Industrial Average and the S&P 500 Index closing at all-time highs and registering their best monthly gains of the year. The Dow closed at 44,910, up 7.5% during November alone…