Market Week June 24 2024
Market Week June 24 2024 by Premia Global Advisors The Markets (as of market close June 21, 2024) Wall Street rode a rally in tech and Al stocks for most of last week. The end of the week saw a bit of a downturn, but not enough to keep the benchmark indexes listed here from closing the week higher. The large caps of the Dow led the indexes, followed by the Russell 2000, the Global Dow, and the S&P 500. The Nasdaq inched higher. Despite a dip at the end of the week, crude oil prices posted a second straight weekly gain. Ten-year Treasury yields rose higher after positive economic data prompted the Federal Reserve to refrain from cutting interest rates in the third quarter. The market sectors mostly advanced last week, led by consumer discretionary, financials, and communication services. Utilities declined, while information technology ticked lower. Read the Full Article Here Premia Global Advisors 2600 Douglas Rd # 1103, Coral Gables, FL 33134