Weekly Market Commentary December 30, 2024

Written By Jake Wingo

Major U.S. equity indices demonstrated mild gains for the week, primarily influenced by the Federal Reserve’s announcement of fewer anticipated interest rate cuts for 2025. This revelation heightened investor caution amidst persistent market volatility. For the week ending December 27, 2024:

• The S&P 500 closed at +0.67%

• The Dow Jones Industrial Average gained +0.35%

• The tech-heavy Nasdaq rose +0.76%

• The 10-Year Treasury yield concluded at 4.62%

Click HERE to read more.

Jake Wingo
Previous

Why a Virtual Financial Advisor Might Be Exactly What You Need
Next

Financial Planning in Your 50s: The Final Stretch!