Our PureVest Weekly Roundup looked at the market performance as it capped off its best week in 2024. The Nasdaq surged 5.9%, while the Dow rose 4%. All eyes will be on the upcoming 2-day Fed meeting, which kicks off on Tuesday. Social Security COLA in 2025 could be just 2.5% as inflation has steadily declined. Oracle is the latest big tech giant to raise its guidance on the heels of the AI craze. Gas prices are now down over 35% on average from their July 2022 peak of a $5.00 national average. Gold continues to perform this year as it sets its sights on $3000 per ounce. Enjoy the light reading, and have a great weekend! |
Markets & Economy: S&P 500 and Nasdaq rally Friday to cap best week in 2024 source:www.cnbc.com September 2024 Fed Meeting Preview source:www.forbes.com Social Security cost-of-living increase for 2025 could be 2.5% — the lowest since 2021, estimate finds source:www.cnbc.com Oracle Stock Jumps Again. The Cloud And AI Is Powering A Bullish Sales Forecast. source:www.investors.com Boeing Stock Slides as Union Rejects Deal, Kicks Off First Strike in 16 Years source:www.investopedia.com Gas prices are plunging and it’s bigger news than you think source:www.thestreet.com Gold bulls set sights on previously dismissed record $3,000/oz milestone source:www.reuters.com Here are 16 rumored changes coming to the iPhone 16 lineup source:www.9-5mac.com |