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Current Market News & Review – Week Ending Aug 09, 2024

Posted by Daniel Iuculano on August 10, 2024 - 12:22pm


Current Market News & Review – Week Ending Aug 09, 2024

 

Current

Prior

As of date

Trend

Dow Jones Index

39,497.54

39,737.26

Aug 09 2024

Down

Nasdaq Index

16,745.30

16,776.16

Aug 09 2024

Down

S&P 500 Index

5,344.16

5,346.56

Aug 09 2024

Down

Wilshire 5000 Index

53,461.49

53,487.26

Aug 09 2024

Down

Market Volatility Index

20.37

23.39

Aug 09 2024

Up

Inflation

2.97 %

3.17 %

Jun  2024

Down

Savings I Bonds

4.28 %

5.27 %

Effective end of Oct 2024

Down

Savings EE Bonds

2.70 %

2.70 %

Effective end of Oct 2024

Unchanged

1 yr. CD

1.84 %

1.83 %

Aug 09 2024

Up

Crypto Currencies

 

Current

Prior

As of date

Trend

Bitcoin - BTC

$ 60,883.02

$ 61,778.91

Aug 10 2024

Down

Ethereum - ETH

$   2,633.24

$   2,990.34

Aug 10 2024

Down

Markets moved in both directions wildly this week, week ending up with just a small loss and the VIX declined. Cryptos continued to fall during the week.

 Index SPY – YTD decreased to 12.04 %, one year at 19.72 %, three years at 23.27 % and five year annualized return is standing at 13.57 %.

© Markethive Inc.