It was a mostly bearish week for US equity indexes, with net weekly changes ranging from -2.4% (R2K), -1.9% (NYSE comp'), -1.8% (Dow), -1.0% (Trans), -0.6% (SPX), to +0.3% (Nasdaq comp').
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
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Summary
Five US equity indexes were net lower for the week, with one net higher.
The R2K was very significantly lower, whilst the Nasdaq comp' was moderately higher.
The Nasdaq comp' broke a new hist' high.
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Looking ahead
Earnings:
M - $RCAT $MAMA $CMP $QIPT $MITK $RICK
T - $AMTM $REE $HEI
W - $GIS $ABM $BIRK $TTD $JBL $OGI $MU $LEN $MLKN $WS $SCS $EPAC
T - $ACN $DRI $CTAS $PAYX $CAG $KMX $LW $FCEL $NKE $FDX $BB $AVO $SCHL
F - $CCL $WGO
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Econ-data/events
M - Empire State Manu', PMI serv' & manu'
T - Retail sales, indust' prod', home builder conf'
W - Housing starts, building permits, EIA Pet'
*FOMC announcement (2pm), with a press conf' (2.30pm)
T - Weekly jobs, Q3 GDP (print'3) , existing home sales, leading indicators
F - Pers' income/outlays, PCE, consumer sent', *QUAD-OPEX*
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| One week until winter solstice |
Final note
We've just 10.5 trading days left of 2024, and I'll leave it at that.
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Have
a good weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.
