Tag Archives: financial planning

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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02 Feb

Phil and Investors Predict an Early Spring

February 2, 2024 The Dow Jones Industrial Average posted a fresh record on Friday, managing to recover from Wednesday’s sell-off following the FOMC meeting. As expected, the Federal Reserve voted to hold interest rates steady at its current range of 5.25% to 5.50%, but the official statement following the meeting dashed investors’ hopes for a…

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