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Market Comment Q3 24
Originally Published on October 6, 2024 The Dow Jones Industrial Average closed up 3211 points, or 8.2% this quarter, to 42330. The S&P 500 closed up 302 points, or 5.5% this quarter, to 5762. The Nasdaq Composite closed up 456 points, or 2.6% this quarter. See MarketWatch for more data. The main event for markets in Q3 was the Fed initiating a new easing cycle, beginning with a half-percent rate cut during the September Federal Open Market Committee meeting. On September 18
Oct 6, 202414 min read
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