Weekly Report | 20 May 2024
Summary: Last week review: THE DOW JONES INDUSTRIAL AVERAGE CLOSED ABOVE THE PSYCHOLOGICAL 40,000 LEVEL FOR THE
Summary: Last week review: THE DOW JONES INDUSTRIAL AVERAGE CLOSED ABOVE THE PSYCHOLOGICAL 40,000 LEVEL FOR THE
Today’s Outlook: • The Dow closed above 40,000 for the first time on Friday (18/05/24), recording its fifth
Today’s Outlook: US MARKETS: Investors weighed a rebound in US Treasury yields. Expectations of a September rate cut
Today’s Outlook: • The Dow Jones halted its two-day advance on Thursday (16/05/24) after crossing the 40,000 mark
Today’s Outlook: US MARKETS: A slower-than-expected US CPI release after 3 months of upward surprises, raising hopes
Today’s Outlook: • The DJIA, S&P 500, and NASDAQ closed at all-time highs on Wednesday's trading (15/05/24) on
Today’s Outlook: US MARKETS: The US producer-level Price Index grew at a faster-than-expected pace of 0.5% mom in
Today’s Outlook: • The NASDAQ closed at a higher record and led the US stock market gains by 0.8% on Tuesday
Today’s Outlook: US MARKETS: Investors await key inflation readings and earnings reports due this week while surveys