The Week of April 15, 2024
It was a difficult week for investors as rising U.S. Treasury yields and mixed corporate earnings drove market volatility throughout the week.
For the week, the Dow Jones Industrial Average rose nearly 0.1%, the S&P 500 dropped 3%, and the Nasdaq Composite fell 5.5%.
Below is an inventory of our Daily Market Commentary for the Week of April 15:
- Monday, April 15- Back in the Red. U.S. stocks finished lower on Monday as Treasury yields rose, geopolitical tensions in the Middle East remained tense, and strong retail sales data weighed...Read More.
- Tuesday, April 16 - Queasy. U.S. stocks traded in negative territory on Wednesday morning as consumer inflation rose more than expected in March...Read More.
- Wednesday, April 17 - Slip. U.S. stocks fluctuated heading into the final hour of trade on Wednesday as uncertainty over the future path of interest rates continued to weigh...Read More.
- Thursday, April 18 - Streaming Yields. U.S. stocks finished in mixed territory on Thursday as rising yields and corporate earnings drive market volatility...Read More.
- Friday, April 19 - Struggles. U.S. stocks traded mixed in afternoon trade as investors digested the fallout from Israel's overnight retaliatory strike on Iran and corporate earnings...Read More.
Chart Source: Wells Fargo Investment Institute, "Looking Ahead," April 19, 2024.
