US Markets Update – During the 15th week of 2024, mostly all the major benchmark indices such as S&P Composite, DJIA and NASDAQ COMP (IXIC) declined. Notably, NASDAQ COMP and GOOGLE touched new all time highs.
The bond yields continue to march north-side after taking cues from Inflation recently. On the Geo-political tensions, Iran-Israel conflict spoiled the mood and Ukraine-Russia conflict is also getting linger.
US Markets Update – During the 14th week of 2024, mostly all the major benchmark indices such as S&P Composite, DJIA and NASDAQ COMP (IXIC) declined. Notably, S&P Composite and DJIA had reached at all time high during 13th Week of 2024 but the rally couldn’t sustain as the yields are going northside after taking cues from Fed Chair speech on 03rd April 2024.
US Markets Update – During the 13th week of 2024, S&P Composite and DJIA benchmark indices reached at new All-Time high levels after taking cues from investors who have interpreted the rise in interest rates as a reflection of resilient economic activity, accompanied by expectations for robust profit growth.
US Markets Update – During the 12th week of 2024, all the major indices rose and after taking cues from FOMC Statement, 10-year, 20-Year and 30-Year US Treasury Yield Rates came back from near highest level of 2024. Nasdaq Composite, S&P Composite and DJIA, benchmark indices reclaimed All-Time high levels.
US Markets Update – During the 11th week of 2024, major indices declined while 10-year, 20-Year and 30-Year US Treasury Yield Rates rose near highest level of 2024. Nasdaq Composite, S&P Composite and DJIA, benchmark indices faced tough resistance for further run-up.
US Markets Update – During the 10th week of 2024, major indices paused the rally while we see some recovery in 10-year Treasury Yield Rates after Powell’s testimony last week. Nasdaq Composite and DJIA both the indices came back from recent life time high.
