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Most Recent Commentary
Notes from the Trading Desk
As we enter the final trading sessions of 2024, U.S. equities are sitting on significant year-to-date gains. The S&P 500 has advanced just over 27% this year, while the Nasdaq Composite has surged more than 34%.
Observations
The momentum in stocks showed no signs of slowing down, as November delivered a strong rally across U.S. equity markets, characterized by broad participation. The S&P 500 rose 5.73%, and the Nasdaq Composite advanced 6.21%.
Notes from the Trading Desk
U.S. stocks continued their march higher during last week’s holiday-shortened trading week. The S&P 500 finished the week at a record high and closed out the month of November 5.73% higher, its best monthly performance of the year, closing higher for the…