Broker Check

Weekly Market Commentary 5/14/24

May 14, 2024

Last week, major markets saw widespread gains, with the Dow Jones leading and the S&P 500 nearing its all-time high. All 11 sectors gained, though Consumer Discretionary and Information Technology lagged, resulting in modest NASDAQ returns. Despite Disney’s 6.9% drop, market optimism persisted. The University of Michigan Consumer Sentiment report showed a record decline, but the yield curve stayed stable, and equities remained strong.

2024-05-13 Market Commentary Cleap-Leap Wealth Management from Leap Wealth on Vimeo.