The Blog

01 Mar

Red Hot February for Stocks

March 1st, 2024 The stock market rallied once again this week to close out the best February for the S&P 500 and Nasdaq Composite in nearly a decade. The S&P 500 scored its third record high of the month on Thursday. The gains were not just AI related as all eleven S&P 500 sectors traded…

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23 Feb

Tech Titan Nvidia Powers Markets to New High

February 23, 2024 Nvidia, anointed the third largest stock on the planet by investors, helped power the S&P 500 to a new record high on Thursday. The tech titan lived up to their earnings hype and then some, posting a whopping 265% year-over-year rise in revenue driven by its booming AI business. The results added…

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09 Feb

Market Milestone: S&P 500 Tops 5,000

February 9, 2024 For the first time since its inception in 1923, the S&P 500 closed above the 5,000 level on Friday. The index had flirted with the milestone on Thursday, hitting an intraday high of 5,000.40 before ending the trading session slightly below the level. The record initially looked like it wouldn’t happen this…

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