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Today's Market
December 20, 2024 at 5:30 p.m. EDT
The last full trading week of 2024 is in the books. It was eventful, volatile and there were some record-breaking volumes. To start the week the breadth continued to deteriorate beneath the surface with mega-cap tech stocks continuing their recent outperformance. The most interesting stat I had seen this week came from Deutsche Bank which highlighted that decliners in the S&P 500 had outpaced advancers index for 12 consecutive sessions ahead of this week’s big catalyst, the FOMC policy decision on Wednesday. That was the longest streak since 1978 which lasted for 14 sessions, spoiler alert with today’s snapback that streak still stands as the second longest behind only the 1920’s. Despite that fact, the S&P 500 was trading within 1% of its all-time high. However, the drawdowns in other indices were more pronounced with many of the areas of the market that had outperformed immediately following the election giving back over half of those gains.
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What's next?
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The NYSE sent a crew to Madrona’s IA Summit in Seattle, where we had a chance to meet the leaders of exciting companies in AI and ask them to share questions and prompts on a variety of thought-provoking topics. But this isn't just another Q&A series, we took those answers and transformed them into art – using AI, of course.
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Post-it® Brand to encourage future leaders visiting our building to take a step toward making their goals and dreams happen. Watch as interns from Life Science Cares’ Project Onramp make their mark.
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We asked some of the most curious minds in life sciences and healthcare to share thoughts on their careers, the future of health and more. Each participant drew questions and shared their insights, knowledge and some personal fun facts that left us inspired about the future of health and wellness.