Nicholas Wolf, CFP®, CEPA®’s Post

Stocks closed last week higher, driven up by tech and communication shares. Each of the benchmark indexes listed here climbed higher, led by the Nasdaq, which rose more than 4.0%. With nearly 50.0% of S&P 500 companies reporting first-quarter earnings, 77.0% reported positive earnings per share and 60.0% reported positive revenue according to the latest information from FactSet). Each of the market sectors closed last week ahead, with consumer staples and information technology leading the way. Ten-year Treasury yields rose 5.0 basis points. The dollar was relatively flat. Crude oil prices gained 0.5%, while gold prices fell 2.2%. Full report: https://lnkd.in/gcX9qQzP

Stocks advanced last week, driven higher by tech shares that were bolstered by favorable corporate earnings reports. The Dow, the Nasdaq, and the S&P 500 posted weekly gains for the 16th time out of the last 18 trading weeks. Among the benchmark indexes listed here, only the small caps of the Russell 2000 closed the week in the red. Each of the 11 market sectors ended the week higher, led by consumer staples, materials, and health care. Bond prices ticked higher, pulling yields lower, with 10-year Treasuries slipping 3.0 basis points. The dollar slipped lower, while gold prices advanced. Crude oil prices fell over $3.00 per barrel. Full report: https://lnkd.in/g-fNkmTp

Following the strong upward move seen during last Friday's session, stocks saw further upside during trading on Monday. The major averages all moved higher on the day, with the Dow and the S&P 500 reaching new record closing highs. The major averages reached new highs for the session late in the day before giving back some ground going into the close. The Dow rose 201.36 points or 0.5 percent to 43,065.22, the Nasdaq jumped 159.75 points or 0.9 percent to 18,502.69 and the S&P 500 climbed 44.82 points or 0.8 percent to 5,859.85. #USmarkets #stockmarket #NYSE #Nasdaq #Dow #SP500 #commentary

After ending the previous session in positive territory, the major U.S. stock indexes are turning in a mixed performance during trading on Wednesday. While the Nasdaq has risen to a two-month intraday high, the Dow has moved to the downside. Currently, the Dow is down 96.42 points or 0.5 percent at 42,011.80, while the S&P 500 is up 0.91 points or less than a tenth of a percent at 5,733.84 and the Nasdaq is up 53.88 points or 0.3 percent at 18,128.40. The mixed performance on Wall Street comes as traders express some uncertainty about the near-term outlook for the markets following recent strength, which has lifted the Dow and the S&P 500 to record highs. Traders are also looking for the next major catalyst for the markets after the Federal Reserve decided to begin lowering interest rates last week. In the coming days, trading may be impacted by reaction to reports on weekly jobless claims, durable goods orders and personal income and spending. The Commerce Department released a report this morning showing new home sales pulled back sharply in the month of August. #USmarkets #Commentary #Stockmarkets #Stocks #NYSE #Nasdaq #Dow #S&P500 #WallStreet

US stocks rallied to close out the best February for the S&P 500 and Nasdaq Composite in nearly a decade as investors digested a crucial inflation reading. The Nasdaq Composite closed up 0.9%, finishing at 16,091.92 — its highest close on record. The S&P 500 added 0.5% to finish at 5,095.88, a new record-high. Meanwhile the Dow Jones Industrial Average popped 0.1%. https://yhoo.it/3uJFZGz

Wednesday 27 November 2024 PM Source(s): Bloomberg News/ WSJ / Dow Jones Stocks posted solid gains as Wall Street put the finishing touches on one of its best months of the year. The Dow rose 7.5% in November, easily its best month of 2024. The Walt Disney Co. has the biggest percentage gain for the month at 22.1% The S&P 500 rose 0.6% - climbing more than 1% for a second straight week - Nine of the 11 S&P 500 sectors closed up Friday in a broad-based rally. The Dow Jones Industrial Average gained 0.4%. Both indexes closed out November with their best monthly performances of the year. The Nasdaq added 0.8%. _ Economic Data Today: No Data Release _ Treasuries: Yield Mixed 30-Year Treasury Yield Falls to 4.373% This Month --Largest one-month yield decline since Aug. 2024 --Yield is down six of the past seven months The 10-year Treasury yield fell to 4.17% * 3mo T-bill yield unchanged @ 4.489% * 6mo T-bill yield rose 0.3bps to 4.441% _ * 1-year yield rose 0.4bps to 4.291% * 2-year yield fell 1.9bps to 4.155% * 10-year yield fell 2.3bps to 4.172% * 30-year yield fell 1.3bps to 4.361% Auctions: No Auctions Today _ Stocks: * Dow - Up 188.59 (+0.42%) * S&P 500 - Up 33.64 (+0.56%) * NASDAQ - Up 157.69 (+0.83%) Apple Inc. hit a record high at $237.50, a 1.09% increase from the previous close. * The stock advanced 23% year-to-date; S&P 500 gained 26.7% __ Investment Company Institute: Money-market assets rose to a fresh record as investors parked more cash in funds with relatively elevated yields after the minutes from the latest Federal Reserve * Approximately $26.8 billion flowed into US money-market funds in the period through Nov. 26 _ Oil: Swings in Thin Trading on Cease-Fire, OPEC+ Uncertainty * OPEC and its allies push back meeting by four days to Dec. 5 * WTI edged lower to trade @ $68.49 a barrel - Gold: rose for a fourth day as the US dollar weakened and rising tensions in Ukraine buoyed demand - Up $15.10 to close @ $2,661.00 _ Crypto: rose for a 4th day as the US dollar weakened and rising tensions in Ukraine buoyed demand - Bitcoin rose 2.4% to $97,224 with the cryptocurrency's 24-hour trading volume dropping 14% to $54.11 billion _ AI : Apple is entering a "key" holiday season, with the iPhone 16 marking the beginning of its Apple Intelligence launch, which positions the company for artificial intelligence-driven growth ***

Stocks rose again Monday, led by gains for technology stocks, as the market extended a rally that has pushed major indexes to record highs. The S&P 500 and Dow Jones Industrial Average added 0.8% and 0.5%, respectively, both hitting record closing highs, while the Nasdaq Composite rose 1% and was near a record of its own. Click below to read more. https://lnkd.in/ezq3df7M

US stocks rallied to close out the best February for the S&P 500 and Nasdaq Composite in nearly a decade as investors digested a crucial inflation reading. The Nasdaq Composite closed up 0.9%, finishing at 16,091.92 — its highest close on record. The S&P 500 added 0.5% to finish at 5,095.88, a new record-high. Meanwhile the Dow Jones Industrial Average popped 0.1%.

Despite a dip last Friday, stocks closed out last week higher. The S&P 500 recorded its biggest weekly percentage gain of the year, while the Dow and the Nasdaq hit record highs.

Stocks moved sharply lower over the course of the trading day on Tuesday, with the major averages more than offsetting the strong gains posted last Friday. With the steep drop, the Dow pulled back well off the record closing high set in the previous session. The major averages climbed off their worst levels going into the close but continued to post significant losses. The Nasdaq plunged 577.33 points or 3.3 percent to 17,136.30, the S&P 500 dove 119.47 points or 2.1 percent to 5,528.93 and the Dow tumbled 626.15 points or 1.5 percent to 40,936.93. The sell-off on Wall Street came after the Institute for Supply Management released a report showing a continued contraction by U.S. manufacturing activity in the month of August. #USmarkets #WallStreet #Stockmarkets #NYSE #Nasdaq #Dow #SP500 #stocks #commentary