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Current Market News & Review – Week Ending Jul 05, 2024

Posted by Daniel Iuculano on July 06, 2024 - 12:55pm


Current Market News & Review – Week Ending Jul 05, 2024

 

Current

Prior

As of date

Trend

Dow Jones Index

39,375.87

39,118.86

Jul 05 2024

Up

Nasdaq Index

18,352.76

17,732.60

Jul 05 2024

Up

S&P 500 Index

5,567.19

5,460.48

Jul 05 2024

Up

Wilshire 5000 Index

55,391.54

54,470.66

Jul 05 2024

Up

Market Volatility Index

12.48

12.44

Jul 05 2024

Up

Inflation

3.17 %

3.36 %

May  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

1.80 %

1.81 %

Jul 05 2024

Down

Crypto Currencies

 

Current

Prior

As of date

Trend

Bitcoin - BTC

$ 56,621.80

$ 60,920.45

Jul 06 2024

Down

Ethereum - ETH

$   2,997.48

$   3,394.00

Jul 06 2024

Down

Markets moved higher this week, however cryptos were hit hard this week. VIX was flat for the week and national annual rate banks are giving stands at 1.80 %.

 Index SPY – YTD decreased to 17.49 %, one year at 26.93 %, three years at 10.17 % and five year annualized return is standing at 15.02 %.

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