Weekly Commentary | November 3, 2024 | Opps Rights Offering, Muni Purchases Coming, Taxables Remain Rich
Macro Picture
Stocks finished the week lower as a slew of earnings, especially from the megacap tech companies, along with a very weak jobs report helped to pressure the markets.
The S&P 500 was down 1.4%, about the same as the Nasdaq while the Dow Jones was fractionally lower. Dow Jones announced on Friday that Nvidia will be replacing Intel in the indus…
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