The Pulse
Global Economic News Summary - August 5, 2024
Market Recap Week Ended August 2, 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.
The Pulse
Economic News for August 2, 2024
“The vast majority of people compete in a time horizon that’s very near dated. There are many fewer investors who are thinking out a decade and beyond.” - Matthew McLennon
The Pulse
Current Economic Trends for August 1, 2024
The Pulse
Current Economic Trends for July 31, 2024
The Pulse
Current Economic News for July 29, 2024
The Pulse
Current Economic News for July 29, 2024
Market Recap Week Ended July, 26, 2024
Uneven results The S&P 500 and the NASDAQ retreated for the second week in a row amid choppy trading while the Dow again moved in the opposite direction, recording its fourth consecutive weekly gain. For the S&P 500 and the NASDAQ, modest rallies on Monday and Friday weren’t enough to offset a sell-off on Wednesday.