It was a bullish week for US equity indexes, with net weekly gains ranging from +0.9% (Trans), +0.8% (Nasdaq comp'), +0.7% (SPX), +0.6% (NYSE comp'), +0.3% (Dow), to +0.2% (R2K).
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
All six US equity indexes settled net higher for the week.
The 'old leader' - Trans, lead the way up, whilst the R2K lagged.
Five indexes have negative weekly momentum, the exception being the Nasdaq.
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Looking ahead
It will be a short four day trading week.
Earnings: SMCI (Thurs' AH)
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Econ-data/events
M - Chicago PMI, Pending home sales
T - Case-Shiller HPI
W - *CLOSED*
T - Weekly jobs, construction
F - ISM manu'.
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Final note
We've just two trading days left of 2024.
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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.
