August was an encouraging month for stocks, as markets were able to end the month in positive territory despite an early-month sell-off. The Dow Jones Industrial Average concluded the month at a record high, while the S&P 500 was close to its own record level. The Nasdaq Composite lagged its peers, but the technology-heavy index still managed to eke out a modest gain during the month.
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Economic Release Snapshot: Inflation Cools in August
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
Economic Risk Factor Update: September 2024 [SlideShare]
The economic reports showed signs of improvement in August. Hiring picked up, compared to a downwardly revised hiring report for July. Service sector and consumer confidence improved in August but remained volatile over recent months. The yield curve inversion remained relatively stable, with long- and short-term yields falling during the month.
Q2 2024 Earnings Season Review: Beating Expectations Isn’t Enough
If you entered this NFL season as a Kansas City Chiefs fan, you’re probably hoping for a Super Bowl win after clinching three of the past five Super Bowls and having Patrick Mahomes as your quarterback and Taylor Swift backing the team. (As a Patriots fan, I remember that feeling.) Similarly, after the S&P 500 beat earnings estimates for several quarters, investors aren’t just hoping to beat earnings. They are looking for both a beat and better guidance going forward. Investors had to settle for just one of those in the second quarter.
Economic Release Snapshot: Hiring Picks Up in August
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
Looking Back at the Markets in August and Ahead to September 2024
August was an encouraging month for stocks, as markets were able to end the month in positive territory despite an early-month sell-off. The Dow Jones Industrial Average ended the month at a record high, while the S&P 500 was close to its own record level. The Nasdaq Composite lagged its peers, but the technology-heavy index still managed to eke out a modest gain during the month.
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Ashley has been working in the customer service field since she started her first job at age 16. For the past ten years she worked in an office setting handling accounts payable and receivable as well as some receptionist work. She is very excited to learn more about the investment field.
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