Category: Economy
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Up and to the right!
The major averages closed another positive week. The Dow Jones rose by 230 points or 0.55%, the NASDAQ gained 172 points or 0.96%, and the S&P 500 increased by 35 points or 0.61%. Up and to the right! This week was highlighted by generally positive economic data and continued declines in inflation and interest rates,…
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Another Positive Week
The major averages marked another positive week at the close. With the DOW up 669 points or 1.62%, the NASDAQ advanced 264 points or 1.49%, while the S&P 500 added 77 points or 1.37%. Tuesday’s seasonally adjusted retail sales data revealed a surprising 0.1% gain in August, while July’s figures were revised up by 1.1%.…
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The Market Bull
September 6th, 2024 September got off to a rocky start with the S&P 500 losing 240 points or 4.25%, the NASDAQ shed 1,023 points or 5.78% while the DOW dropped 1,218 points or 2.93%. Historically September is a rough month for investors, while history doesn’t always repeat, it often rhymes. That said the last few…