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Weekly Market Update – 10.14.2024

On Friday, the S&P 500 notched its 45th all-time high this year, gaining 1.13% for the week. Inflation measured by the Consumer Price Index (CPI) reached its lowest level in three years, with year-over-year CPI at 2.4%. JP Morgan and Wells Fargo helped kick off Q3 corporate earnings season by beating their earnings estimates.   This week, earning seasons get into full swing, especially with Financials. Other notable non-financials reporting this ...
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Weekly Market Update – 10.7.2024

Stock and bond markets fluctuated last week due to heightened tensions in the Middle East, ongoing port strikes, and positive employment data. A strong employment report drove stocks higher on Friday, with the S&P 500 gaining 0.26% for the week, while bond prices declined by 1.24%. The Consumer Price Index (CPI) report will be released this Thursday. The September Core CPI is anticipated to decrease by 0.10 from the previous month.  As Hurricane Milton ...
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