The Pulse August 19, 2024
Market Recap Week Ended August 16, 2024
Bullish reaction In the wake of a two-week surge in market volatility, the major U.S. stock indexes recorded their strongest weekly gains of 2024. The NASDAQ surged more than 5%, the S&P 500 added 4%, and the Dow rose 3%, lifted by encouraging data on inflation, retail sales, and consumer sentiment.
Key economic updates For August 16, 2024
“Remember, it’s the quality of your ideas not the quantity that will result in the big money.” -Joel Greenblatt
Global Economic News Summary for August 15, 2024
The Pulse August 14, 2024
Economic Developments For August 14, 2024
Global Economic News Summary - August 13, 2024
Global Economic News Summary - August 12, 2024
Global Economic News Summary - August 12, 2024
Cognitive biases can significantly influence investment decisions, especially when emotions such as fear and greed are driving the markets.
Market Recap Week Ended August 9, 2024
Market pullback Weak labor market data and uneven earnings weighed on stocks as the S&P 500 and the NASDAQ fell for the third week in a row and the Dow snapped a four-week string of gains. The sell-off intensified on Friday, and the downturn left the S&P 500 5.7% below the record high that it achieved on July 16; the NASDAQ was in a correction, down 10.0% from its July 10 record.