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Current Market News & Review – Week Ending Aug 23, 2024

Posted by Daniel Iuculano on August 24, 2024 - 11:13am


Current Market News & Review – Week Ending Aug 23, 2024

 

Current

Prior

As of date

Trend

Dow Jones Index

41,175.08

40,659.76

Aug 23 2024

Up

Nasdaq Index

17,877.79

17,631.72

Aug 23 2024

Up

S&P 500 Index

5,634.61

5,554.25

Aug 23 2024

Up

Wilshire 5000 Index

56,430.30

55,519.92

Aug 23 2024

Up

Market Volatility Index

15.86

14.80

Aug 23 2024

Up

Inflation

2.89 %

2.97 %

Jul  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

1.81%

1.82 %

Aug 23 2024

Down

Crypto Currencies

 

Current

Prior

As of date

Trend

Bitcoin - BTC

$ 64,166.01

$ 59,235.58

Aug 24 2024

Up

Ethereum - ETH

$   2,771.04

$   2,600.77

Aug 24 2024

Up

Another good week for Wall Street, especially cryptos. However VIX did also increase during the week which indicates more uncertainty.

 Index SPY – YTD increased to 19.10 %, one year at 28.74 %, three years at 9.54 % and five year annualized return is standing at 16.41 %.

 

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