24 May 2024 - US stocks experienced a downturn on Thursday, marking the Dow Jones Industrial Average's worst performance of 2024, as a post-earnings boost from Nvidia failed to uplift the broader market sentiment.
23 May 2024 - All three major indexes fell into the red after the minutes from the Federal Reserve’s May meeting raised concerns of persistent inflation, suggesting any rate cuts are likely to be pushed out further.
22 May 2024 - In Tuesday's trading session, US equities saw marginal gains, with investors closely monitoring Nvidia's upcoming quarterly earnings and guidance. However, the Dow faced pressure due to significant declines in JPMorgan Chase shares.
21 May 2024 - Nvidia shares rallied strongly in Monday trading ahead of its quarterly earnings result due out on Wednesday, leading the Nasdaq to a new record close.
20 May 2024 - The Dow Jones closed above 40,000 level for the first time in history on Friday, a day after hitting that key benchmark in the previous trading session.
17 May 2024 - The Dow Jones surged above the 40,000 level for the first time ever in intraday trading before settling below the record level by the close. Optimism about the inflation and rates outlook continued to filter through the broader market.
16 May 2024 - A weaker than expected CPI print and flat April retail sales numbers pushed all three major averages to record highs.
15 May 2024 - Big Tech led the move up as investors chose to look past a higher April PPI number and ahead to the CPI print due tomorrow US time.
14 May 2024 - Investors remained cautious ahead of the release of producer price data late Tuesday and consumer price data late Wednesday. Both data points are seen as critical to the outlook for US interest rates.
10 May 2024 - US markets rallied on Thursday following a rise in jobless claims that rekindled investor hopes that the Fed will cut rates in the second half of this year.
