Here's a summary of the US stock market activity for the week ended on Friday, December 20, 2024:
Market Action For Last Week
- S&P 500 ETF (SPY)
- Last Friday's Closing Price (Dec 13, 2024): $604.21
- This Friday's Closing Price (Dec 20, 2024): $591.15
- Point Change: -$13.06
- Percent Change: -2.16%
- Nasdaq-100 ETF (QQQ)
- Last Friday's Closing Price (Dec 13, 2024): $530.53
- This Friday's Closing Price (Dec 20, 2024): $518.66
- Point Change: -$11.87
- Percent Change: -2.24%
- Russell 2000 ETF (IWM)
- Last Friday's Closing Price (Dec 13, 2024): $233.07
- This Friday's Closing Price (Dec 20, 2024): $221.92
- Point Change: -$11.15
- Percent Change: -4.78%
Upcoming Major Economic Reports and Potential Market Moving Events
- Monday, December 23, 2024
- Durable Goods Orders MoM (High Impact)
- Tuesday, December 24, 2024
- No major events scheduled.
- Wednesday, December 25, 2024
- Market closed for Christmas Day.
- Thursday, December 26, 2024
- No major events scheduled.
- Friday, December 27, 2024
- No major events scheduled.
Upcoming Major Stock Earnings Reports
- Monday, December 23, 2024
- AMTD
- AVXL (Before Market Open)
- LMNR (After Market Close)
- XELB (After Market Close)
- Tuesday, December 24, 2024
- No major earnings reports scheduled.
- Wednesday, December 25, 2024
- Market closed for Christmas Day.
- Thursday, December 26, 2024
- DJCO (Before Market Open)
- Friday, December 27, 2024
- FET (After Market Close)
- WNW
- BDL (After Market Close)
- CTXR (After Market Close)
Market Outlook
For the next 30 days, the market sentiment appears neutral. While there are some economic indicators showing potential growth, the recent declines in major ETFs suggest caution. The upcoming economic reports and earnings announcements could provide further direction, but the market may remain volatile due to holiday trading volumes and geopolitical factors.