Market Minute
AE Wealth Management: Market Minute 08/02/24 — Markets slump as economic growth concerns rise
Market Minute August 2, 2024 The U.S. stock market experienced a significant slump on Friday as investor concerns about economic growth were heightened by a cooler-than-expected jobs report. The Dow Jones Industrial Average plunged 610 points, or 1.51%, to around 39,358. The S&P 500 saw a decline of 100 points, or 1.84%, landing at 5,302,…
Read MoreAE Wealth Management: Market Minute 07/25/24 — Markets move downward as tech earnings disappoint
Market Minute July 25, 2024 Markets moved down significantly on Wednesday. The S&P 500 and Nasdaq both had their worst one-day decline since 2022, while the Dow dropped 504 points. The primary culprit? Disappointing second-quarter earnings from tech giants such as Tesla and Alphabet (Google’s parent company). To give some perspective, this drop seemed inevitable considering…
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