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Dow Jones Hits Record High as Tech Stocks Rebound (Weekly Cheat Sheet)
September 3, 2024
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Last week, the stock market was like a game of musical chairs – everyone was scrambling to find their seat when the music stopped. The Dow Jones Industrial Average emerged as the show’s star, hitting a new record high of 41,563.08. It’s up 0.9% for the week and 10.3% year-to-date. Not too shabby, if I do say so myself. The S&P 500 managed to eke out a modest 0.2% gain, closing at 5,648.40. Meanwhile, the Nasdaq Composite decided to take a little breather, slipping 0.9% to 17,713.62. As for the Russell 2000, well, it seems to have taken a page from my teenager’s book and remained stubbornly ...
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