Weekly Market Commentary October 28, 2024

The major indices exhibited mixed performance for the week ending October 25, 2024.

• The S&P 500 declined by 0.96%, ending its six-week winning streak

• The Dow Jones Industrial Average fell by 2.68%, also recording its first weekly loss after six consecutive weeks of gains

• The tech-heavy Nasdaq Composite continued its upward trajectory, finishing the week 0.14% higher and extending its winning streak to seven weeks

• The 10-Year Treasury yield concluded the week at 3.90%

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