Market Review – July 2024
For the month, the small-cap Russell 2000 index has produced returns of over 10%, outperforming both the S&P 500 and Nasdaq indices. The S&P 500 is reporting a mixed bag of results for the second quarter of 2024. Despite this mixed picture, the index constituents are reporting higher earnings for the second quarter, achieving their […]
Market Review – June 2024
The US indices, both S&P 500 and Nasdaq broke their latest records last week, with returns of 3.7% and 5.8% for the month. Nvidia, being the artificial intelligence torchbearer, briefly took the spot as the world’s most valuable company as its market capital surpassed Microsoft’s. At the peak of its frenzy, it was more valuable […]
Market Review – May 2024
As we inch closer to completing the first half of 2024, the US economy continues to surprise to the upside, while stocks flirt with all-time highs. Wall Street’s three major indexes returned record gains this month with technology stocks taking the lead. The S&P 500 advanced 5% in May, and the Nasdaq Composite rallied approximately […]