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Forefront’s Market Notes: July 22nd, 2024 ­ Stocks were under pressure last week as investors appeared to rotate out of mega-cap tech stocks and into areas that may benefit from lower interest rates. The Standard & Poor’s 500 Index fell 1.97 percent, while Nasdaq Composite Index declined 3.65 percent. The Dow Jones Industrial Average bucked...
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Forefront’s Market Notes: July 15th, 2024 ­ Stocks advanced last week as market leadership shifted amid fresh inflation data and quarterly corporate reports starting to roll in.The Standard & Poor’s 500 Index advanced 0.87 percent, while the Dow Jones Industrial Average picked up 1.59 percent. The tech-heavy Nasdaq Composite Index, which has led all year,...
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Forefront’s Market Notes: July 8th, 2024 ­ Stocks steadily advanced over the holiday week thanks to strength in mega-cap tech issues and encouraging jobs data.  ­ The Standard & Poor’s 500 Index rose 1.95 percent, while the Nasdaq Composite Index added 3.50 percent. The Dow Jones Industrial Average edged up a modest 0.66 percent. The...
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Forefront’s Market Notes: July 1st, 2024 ­ Stocks finished the last week of June and Q2 mixed as investors digested a fresh round of economic data. The Standard & Poor’s 500 Index slipped 0.08%, while the Dow Jones Industrial Average also dipped 0.08 percent. The tech-heavy Nasdaq Composite gained 0.24 percent. The MSCI EAFE Index...
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Forefront’s Market Notes: June 24th, 2024 ­ Stocks edged higher over the four trading days last week, with the three major averages taking turns leading based on various economic and artificial intelligence (AI) news. The Dow Jones Industrial Average rose 1.45 percent–its best week since May–while the Standard & Poor’s 500 Index gained 0.61 percent....
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Forefront’s Market Notes: June 17th, 2024 ­ Stocks notched a solid gain last week, driven by the Fed’s decision, May’s inflation report, and Apple’s AI-related news. The Standard & Poor’s 500 Index rose 1.58 percent, while the Nasdaq Composite picked up 3.24 percent. The Dow Jones Industrial Average, which has lagged most of the year,...
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Forefront’s Market Notes: June 3rd, 2024 ­ Stocks edged lower in the final week of May as fresh news on economic growth and inflation failed to inspire investors. ­ Stocks Slide Markets shrugged off news that the Q1 Gross Domestic Product was revised lower to 1.3 percent from the initial estimated 1.6 percent. Despite concerns...
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Forefront’s Market Notes: May 28th, 2024 ­ Last week’s stock performance was mixed, following investors’ reaction to the Fed’s May meeting minutes, while a handful of mega-cap tech companies created a buzz with their news. Market Splits Stocks began trading in a narrow band last week. Still, mega-cap tech names rallied in anticipation of the...
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Forefront’s Market Notes: May 20th, 2024 ­ Stocks notched a solid gain last week in a mega-cap, tech-led rally bolstered by positive inflation news.   Dow 40,000 The week began quietly as market averages traded in a tight range, awaiting fresh inflation news. On Tuesday, markets rose steadily throughout the day after digesting a mixed...
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Forefront’s Market Notes: May 13th, 2024 ­ Stocks notched a solid gain last week as rate-cut expectations paced the rally as the Q1 earnings season wound down. ­ Stocks Climb Steadily Monday opened with stocks picking up where they left off the prior Friday. Stocks were still basking in the afterglow of fresh jobs data,...
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