On Wednesday, 20th March 2024, the three major U.S. indices soared to record all-time closing highs after the Federal Reserve decided to maintain rates and kept its ‘expectations’ for three rate cuts by the end of 2024. The Dow Jones Industrial Average surged 401.37 points to close at 39,512. TheRead More →
The S&P 500 surged to a new all-time high on Thursday 22nd February 2024 Microchip maker Nvidia reported much stronger-than-expected quarterly results, lifting tech sector and markets higher. S&P 500 The S&P 500 gained just over 2% to close at 5087, notching its best day since January 2023. The Nasdaq Composite advanced 2.96% forRead More →
The S&P 500 climbed to a new all-time high of 5026 on 9th February 2024 Stocks rose on Friday 9th February 2024 after December’s revised inflation reading came in lower than first reported, and the S&P 500 closed above the key 5,000 level as strong earnings and economic news came in. A solid earningsRead More →
The S&P 500 climbed again Wednesday 7th February 2024 and edged ever closer to the 5,000 level. S&P 500 hit a new high of 4995 The index, which first breached the 4,000 level in April 2021, added around 0.82% to close at 4,995.06. During session highs, the S&P hit 4,999.89. Quarterly results signalledRead More →
The S&P 500 index reached a new all-time high of 4,839.81 on Friday, January 19, 2024. This was the first time the index closed above its previous high set January 3rd 2022. The rally was driven by strong earnings from the magnificent 7 tech giants such as Nvidia and Microsoft. The expectation ofRead More →