Weekly Market Commentary November 4, 2024
WEEK IN REVIEW
With this past week being the last full week before investors go to the election polls, labor market numbers and inflation were the focus as markets struggled to overcome a surprise in payroll numbers.
• The S&P 500 fell 1.37%, continuing a two-week negative streak
• The Dow Jones Industrial Average was slightly negative at 0.15%
• The Nasdaq finished the week down 1.50%, snapping a seven-week positive streak
• The 10-Year Treasury yield ended the week at 4.38%
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