Since the October lows, the S&P 500 index has closed lower for the week just 3 times. Two of those 3 have come in the last 4 weeks. The rally has certainly slowed, but don’t let that distract from the strong start to the year. The S&P 500 and the NASDAQ are both up more than 7%, and the Dow Jones Industrial Average has gained 2.7%. The gains haven’t been limited to stocks, either. Bitcoin is following up on last year’s strong performance with a 63% year-to-date rally, while crude oil is up nearly 9%.
The Monday Morning Grind - 3/11/2024
The Monday Morning Grind - 3/11/2024
The Monday Morning Grind - 3/11/2024
Since the October lows, the S&P 500 index has closed lower for the week just 3 times. Two of those 3 have come in the last 4 weeks. The rally has certainly slowed, but don’t let that distract from the strong start to the year. The S&P 500 and the NASDAQ are both up more than 7%, and the Dow Jones Industrial Average has gained 2.7%. The gains haven’t been limited to stocks, either. Bitcoin is following up on last year’s strong performance with a 63% year-to-date rally, while crude oil is up nearly 9%.