Weekly Market Analysis page 5
December 30, 2024
Key events:
USA - Chicago PMI (Dec)
The S&P 500 managed to end the week on a positive note despite a dip on Friday, as technology stocks led the decline under pressure from rising Treasury yields. On Friday, the S&P 500 dropped 1%, the NASDAQ Composite fell 1.5%, and the Dow Jones…
December 27, 2024
Key events:
USA - Crude Oil Inventories
The S&P 500 ended Thursday nearly unchanged after fluctuating between gains and losses amid reduced trading activity during a shortened holiday week.
By the session’s close, the S&P 500 dipped 0.1%, and the NASDAQ Composite matched the same loss,…
December 26, 2024
Key events:
USA - Initial Jobless Claims
The S&P 500 climbed 1.1% on Tuesday in light trading ahead of the Christmas holiday, with tech stocks driving gains for the second consecutive session.
The Nasdaq 100 advanced 1.4%, while the Dow Jones Industrial Average gained 0.9%, or 350 points.…
December 24, 2024
Key events:
Christmas - Early close
The S&P 500 closed in positive territory on Monday, as technology stocks surged, led by a robust rally in semiconductor equities. This strong start to a holiday-shortened week set a positive tone for the markets.
By the close of trading, the Dow Jones…
December 23, 2024
Key events:
UK - GDP (YoY) (Q3)
UK - GDP (QoQ) (Q3)
USA - CB Consumer Confidence (Dec)
US stocks surged on Friday, wrapping up the week on a positive note after two sluggish sessions, as a cooler-than-expected inflation report and dovish remarks from Federal Reserve officials eased concerns about…
December 20, 2024
Key events:
USA - Core PCE Price Index (MoM) (Nov)
USA - Core PCE Price Index (YoY) (Nov)
Stocks showed minimal movement on Thursday, with a late-session dip stifling a potential recovery from the sharp losses seen the day before.
The Dow Jones Industrial Average inched up by less than 0.1%,…
December 19, 2024
Key events:
Japan - BoJ Interest Rate Decision
UK - BoE Interest Rate Decision (Dec)
USA - GDP (QoQ) (Q3)
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Dec)
USA - Existing Home Sales (Nov)
The Dow Jones Industrial Average experienced a dramatic drop of over 1,100 points…
December 18, 2024
Key events:
UK - CPI (YoY) (Nov)
Eurozone - CPI (YoY) (Nov)
USA - Crude Oil Inventories
USA - FOMC Economic Projections
USA - FOMC Statement
USA - Fed Interest Rate Decision
USA - FOMC Press Conference
The Dow Jones Industrial Average extended its losing streak to nine sessions on Tuesday,…
December 17, 2024
Key events:
USA - Core Retail Sales (MoM) (Nov)
USA - Retail Sales (MoM) (Nov)
The Nasdaq reached a historic high on Monday as technology stocks led the rally ahead of the Federal Reserve's final policy meeting of the year.
The NASDAQ Composite surged by 1.1%, closing at a record 20,173.74, while…
December 16, 2024
Key events:
USA - S&P Global US Manufacturing PMI (Dec)
USA - S&P Global Services PMI (Dec)
US stocks wrapped up the trading week in a quiet session on Friday, with the S&P 500 and Dow finishing slightly lower, while the Nasdaq extended its winning streak to a fourth consecutive week…
December 13, 2024
Key events:
UK - GDP (MoM) (Oct)
The S&P 500 ended Thursday in negative territory as Treasury yields surged, driven by an inflation report that exceeded expectations.
The Dow Jones Industrial Average declined by 234 points, or 0.5%, while the S&P 500 and NASDAQ Composite fell by 0.5% and…
December 12, 2024
Key events:
Switzerland - SNB Interest Rate Decision (Q4)
Eurozone - Deposit Facility Rate (Dec)
Eurozone -ECB Interest Rate Decision (Dec)
USA - Initial Jobless Claims
USA - PPI (MoM) (Nov)
Eurozone - ECB Press Conference
USA - 30-Year Bond Auction
The Nasdaq closed above 20,000 for the first…