Our PureVest Weekly Roundup celebrated the Nasdaq’s first-ever close above 20,000; this comes just 4 years after closing above 10,000 for the first time. Inflation ticked up in November but came in line with expectations. Trump reiterated that he does not plan to remove Jerome Powell from his post as Fed chairman; this eliminates some uncertainty surrounding his job status. Broadcom beat earnings on AI growth, while Costco beat on a jump in E-commerce sales. We wrap it up with a must-read article titled “Investing At All-Time Highs”. It’s highlighted in red for a reason… It breaks down the data about investing when markets hit an all-time high. It can be beneficial after the markets strong 2-year run. Enjoy the light reading, and have a great weekend! |
Markets & Economy: Nasdaq Closes Above 20,000 For The First Time Ever source:www.nasdaq.com Trump rings bell at NYSE to cheers of ‘USA’ as Wall Street CEOs, business leaders look on source:www.cnbc.com Annual inflation rate accelerates to 2.7% in November, as expected source:www.cnbc.com Trump says he doesn’t plan to remove Fed chairman Jerome Powell source:www.cnn.com Broadcom’s Earnings Exceed Expectations on AI Revenue Growth source:www.investopedia.com Costco beats on earnings as e-commerce sales jump source:www.cnbc.com **Investing at all-time highs source:www.rbc.com |