Weekly Market Recap December 6th, 2024
This week, the markets saw a mix of gains and losses:
?? S&P 500: Up 0.7% – reaching new heights with job data and optimistic targets for 2025.
?? Nasdaq Composite: +2.5% – Riding high with tech stocks leading the charge.
?? Dow Jones: Slightly down by 0.3% – Pressured by mixed economic reports.
?? Lululemon and Salesforce: Reported strong earnings despite facing competitive pressures.
?? Global Markets: France's political turmoil didn’t stop their stock market from rising, while South Korea is dealing with intense political and economic uncertainty.
?? Market Insights: The US economy continues to show signs of growth, although inflation remains a concern. Meanwhile, a new EU-Mercosur free trade agreement has potential long-term economic impacts.
Stay informed and ready for more insights.
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