Week Ending 8/30/2024

MARKET RECAP

  • US stocks +0.28%, international stocks -0.11%, bonds -0.52%.
  • For August, US stocks +2.13%, international stocks +2.41%, bonds +1.46%.
  • Q2 GDP raised to 3.0%.
  • PCE comes in at 2.5% as the inflation continues to subside.
  • NVDA falls 7.73% on the week despite topping earnings and sales forecasts and authorizing a $50 billion buyback.

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