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The Week of April 15, 2024 Thumbnail

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.