Weekly Update – August 26, 2024

Weekly Update – August 26, 2024

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Weekly Update – August 26, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks notched a solid gain as dovish comments from Federal Reserve officials boosted the market’s recovery from early August lows. The Standard & Poor’s 500 Index rose 1.45 percent, while the Nasdaq Composite added 1.40 … Continue reading

Weekly Update – August 19, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks posted solid gains last week, buoyed by robust economic data and constructive comments from Fed officials. The Standard & Poor’s 500 Index rose 3.93 percent, while the Nasdaq Composite gained 5.29 percent. The Dow … Continue reading

Weekly Update – August 12, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks ended last week with modest losses, masking a volatile five-day trading period that saw investors embrace recession concerns and then dismiss the slow-down talk as speculation as the week progressed. The Dow Jones Industrial … Continue reading

Weekly Update – August 5, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks fell broadly last week as investors looked past upbeat Fed comments and focused on disappointing corporate reports and weaker-than-expected economic data. The Dow Jones Industrial Average lost 2.20 percent, while the Standard & Poor’s … Continue reading

Weekly Update – July 29, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks had a mixed, see-saw week as disappointing corporate reports unsettled investors who appeared to rotate away from some leading groups in favor of other names. The Dow Jones Industrial Average picked up 0.75 percent. … Continue reading

Weekly Update – July 22, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks were under pressure last week as investors appeared to rotate out of mega-cap tech stocks and into areas that may benefit from lower interest rates. The Standard & Poor’s 500 Index fell 1.97 percent, … Continue reading

Weekly Update – July 15, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks advanced last week as market leadership shifted amid fresh inflation data and quarterly corporate reports starting to roll in. The Standard & Poor’s 500 Index advanced 0.87 percent, while the Dow Jones Industrial Average … Continue reading

Weekly Update – July 8, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks steadily advanced over the holiday week thanks to strength in mega-cap tech issues and encouraging jobs data. The Standard & Poor’s 500 Index rose 1.95 percent, while the Nasdaq Composite Index added 3.50 percent. … Continue reading

Weekly Update – July 1, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks finished the last week of June and Q2 mixed as investors digested a fresh round of economic data. The Standard & Poor’s 500 Index slipped 0.08%, while the Dow Jones Industrial Average also dipped … Continue reading

Weekly Update – June 24, 2024

Posted on by RCM Investments

The Week on Wall Street Stocks edged higher over the four trading days last week, with the three major averages taking turns leading based on various economic and artificial intelligence (AI) news. The Dow Jones Industrial Average rose 1.45 percent–its … Continue reading

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