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Market Week June 24 2024

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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

Market Month May 2024

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Market Month May 2024 by Premia Global Advisors The Markets (as of market close May 31, 2024) Stocks rebounded from a sour April, closing higher in May. Investors spent the month focused on job gains, gross domestic product, corporate earnings reports, and inflation data in an attempt to determine when the Federal Reserve might cut interest rates. Each of the benchmark indexes listed here reversed the prior month’s losses with notable gains in May. The tech-heavy Nasdaq led the way, followed by the Russell 2000, the S&P 500, the Global Dow, and the Dow. Consumer confidence (see below) exceeded expectations in May, outpacing April’s reading. The labor market showed signs of slowing (see below), while wages inched lower since April 2023. Read the Full Article Here Premia Global Advisors 2600 Douglas Rd # 1103, Coral Gables, FL 33134 (786) 646-9140 IMPORTANT DISCLOSURES Premia Global Advisors LLC (“Premia”) is a U.S. Securities and Exch

Market Month: April 2024

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  Market Month: April 29, 2024 by Premia Global Advisors In April, stock markets fell amid global tensions and inflation concerns, despite positive job growth and corporate earnings, with some sectors like real estate and technology seeing significant declines, while bond yields rose and the dollar strengthened, and gold prices increased. Read the Full Article Here Premia Global Advisors 2600 Douglas Rd # 1103, Coral Gables, FL 33134 (786) 646-9140 IMPORTANT DISCLOSURES Premia Global Advisors LLC (“Premia”) is a U.S. Securities and Exchange Commission (“SEC”) registered investment advisor located in Coral Gables, Florida. Registration as an investment advisor does not imply any level of skill or training. A copy of Premia’s Form ADV Part 2A Brochure which includes a description of Premia’s services, fees and business practices is filed with the SEC and available by contacting us, or at the SEC’s website( www.adviserinfo.sec.gov ).  Premia