Sometimes Analogies are Just Easier to Understand
The U.S. stock market continued its relentless move higher. Having posted its best 12 month return in more than 30 years last quarter (56.36%), the S&P 500 Total Return Index cooled off only slightly, recording a 40.33% return for the 12 months…
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Notes from the Trading Desk
Stocks took a breather last week after their recent record-breaking climb. Declines were broad-based as the tech-heavy Nasdaq posted its second consecutive weekly decline while the small-cap Russell 2000 experienced its worst week of 2024.
Observations
Major U.S. equity indices closed the month of February on a positive note, with the Nasdaq and small-cap Russell 2000 leading the charge. Notably, the S&P 500 achieved a significant milestone by eclipsing the 5000 mark for the first time on February…
Notes from the Trading Desk
U.S. stocks continued their relentless climb to new highs last week. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all logged fresh all-time highs in February.