Market Strategy

The Federal Reserve will announce its latest decision on interest rates when it concludes its meeting on Wednesday, with investors widely anticipating the central bank to cut rates again. After the announcement, Fed Chair Jerome Powell will take media questions and will likely provide more details on the economy.

The S&P 500 and Nasdaq Composite reached new record highs on Friday, supported by slightly stronger-than-expected November jobs data that likely won’t deter the Federal Reserve from cutting rates later this month.

The Dow Jones Industrial Average and S&P 500 reached record highs on Friday, wrapping up a holiday-shortened trading day and a strong month for the stock market. The S&P 500 rose 0.56% to close at 6,032.38, while the Nasdaq Composite gained 0.83% to finish at 19,218.17. The Dow climbed 188.59 points, or 0.42%, to end at 44,910.65. Both the Dow and S&P 500 set new records for intraday and closing levels.

Stocks dropped sharply on Friday as the post-election rally lost steam and concerns over the trajectory of interest rates weighed on investor sentiment. The Dow Jones Industrial Average fell 305.87 points, or 0.70%, to close at 43,444.99. The S&P 500 declined 1.32%, ending the session at 5,870.62, while the Nasdaq Composite sank 2.24% to 18,680.12.

The stock market set fresh records on Friday, with the Dow Jones and S&P 500 concluding their strongest week in a year after Donald Trump’s election victory. The Dow Jones Industrial Average climbed 259.65 points, or 0.59%, closing at 43,988.99, briefly surpassing the 44,000 mark for the first time during the session. The S&P 500 advanced 0.38% to end […]

The Nasdaq Composite rose to a record high on Friday, driven by gains in large-cap technology stocks. The index climbed 0.56%, closing at 18,518.61. Meanwhile, the S&P 500 slipped slightly by 0.03% to finish at 5,808.12, and the Dow Jones Industrial Average (DJIA) dropped 259.96 points, or 0.61%, ending the session at 42,114.40.

Both the S&P 500 and Dow Jones Industrial Average hit new all-time highs on Friday, capping six consecutive weeks of gains. The S&P 500 rose 0.40%, closing at 5,864.67, while the Dow added 36.86 points, or 0.09%, to settle at 43,275.91. The Nasdaq Composite, buoyed by Netflix's (NASDAQ:NFLX) strong post-earnings performance, increased by 0.63% to finish at 18,489.55.

Stocks rose higher on Friday after an upbeat September jobs report lifted investor confidence in the strength of the economy, with the S&P 500 climbing 0.9% to close at 5,751.07 and the Nasdaq Composite rising 1.22% to 18,137.85. The Dow Jones Industrial Average gained 341.16 points, or 0.81%, setting a new record at 42,352.75.

The Dow Jones Industrial Average (DJIA) climbed to a new record on Friday, as traders analyzed fresh data suggesting continued progress in reducing inflation. Wall Street also marked its third consecutive week of gains.

Federal Reserve officials will speak this week, providing more insight into their recent decision to reduce interest rates. Friday's release of the August Personal Consumption Expenditures (PCE) Price Index will show whether inflation continues to slow.

Stocks rose higher on Friday, with both the S&P 500 and Nasdaq Composite marking their best weekly performance of 2024 as investors await the upcoming Federal Reserve meeting.

Markets will be closed for the Labor Day holiday on Monday. After that, investors will be focused on key labor market data, primarily the Friday release of the August jobs report.