Weekly Market Commentary – Week 102
12/17/2024
How high can U.S. stocks fly?
The U.S. stock market has delivered exceptional performance over the past few years and remains on track to deliver solid returns in 2024.
How high can U.S. stocks fly?
The U.S. stock market has delivered exceptional performance over the past few years and remains on track to deliver solid returns in 2024.
The performance of the U.S. stock market is striking. Last week, the Standard & Poor’s (S&P) 500 closed at a record high for the 57th time this year, reported Rita Nazareth of Bloomberg. Here are some of the notable factors that sent stocks higher last week:
MOREUnited States stock markets are serving another cup of cheer this year. The Standard & Poor’s (S&P) 500 Index returned more than more than 24 percent in 2023.
MORELast week, the strength of the United States economy slowed investors’ roll. Federal Reserve (Fed) Chair Jerome Powell told business leaders in Dallas, Texas, that the performance of the United States economy has been “remarkably good,” better than any major economy in the world, which gives the Fed “the ability to approach our decisions carefully.”
MOREStock markets celebrated the results of the presidential election. Bond markets were less enthusiastic. Last week, United States stock markets rallied, and the U.S. dollar gained against other currencies, following the presidential election.
MOREAre we witnessing a historic event? For an airplane or a spacecraft, a soft landing occurs when the vehicle “touches
MOREFinancial markets appear to have pre-election jitters. The United States election is less than two weeks away. The candidates are
MOREThe bull market in stocks charged past its two-year birthday on October 12. “This unique bull market is still young relative to history and, for now, supported by relatively healthy breadth and broadening participation,” wrote Liz Ann Sonders and Kevin Gordon of Schwab.
MOREThere was a lot to celebrate last week! The Standard & Poor’s 500 Index closed above 5,800 for the first time—and that’s not all.
MOREAsset allocation is important because it helps investors manage the risk and rewards of investing. In general, investments have different levels of risk and the potential return (or reward) for taking that level of risk is a higher return.
MORE