Market Recap January 5th, 2024
Shaky start The positive momentum from stocks’ string of nine consecutive weekly gains in late 2023 didn’t extend into 2024, as the major U.S. indexes posted their first weekly declines since late October. The NASDAQ fell more than 3% for the week, with the S&P 500 and Dow posting smaller declines.
"The best time to plant a tree was 20 years ago. The second-best time is now"
Markets Now January 4th
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Markets Now January 3rd
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Markets Now: January 2nd 2024
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Market Recap Week Ended 12/29
Nine-week streak The major U.S. stock indexes eked out their ninth positive week in a row as 2023 wrapped up, leaving the S&P 500 just 0.6% shy of its record closing high of January 3, 2022. For the week, the Dow rose 0.8%, the S&P 500 added 0.3%, and the NASDAQ edged upward 0.1%.
Markets Now 12/29
“Behind every stock is a company. Find out what it’s doing.”
Markets Now 12/27
U.S. Stock Ownership Highest Since 2008
STORY HIGHLIGHTS 61% of U.S. adults own stock; first time at that level since 2008 Stock ownership among subgroups largely similar to 2008 levels More than eight in 10 households making $75,000 or more own stock
Market Recap Week Ended 12/22
Eight in a row The major U.S. stock indexes couldn’t match the previous week’s strong results, but their modest gains were sufficient to deliver the market’s eighth positive week in a row. For the S&P 500, it was the longest such streak since November 2017; the index finished on Friday just 0.9% below its record closing high of January 3, 2022.