BLOOMBERG Whatd You Miss July 13, 2024
Reporters. Abigail, get us started, please. Abigail that divergence you were talking about, the major average slightly higher on the day, that stands out. We have a different situation with different indexes on the week. The s p 500 up for a third week in a row. The nasdaq outperforming this week, but one piece of underperformance is the faang complex. 0. 25 on index down the week. Down for the second week in a row. Index stuckhas this in its own way. Heres a longerterm weekly chart of the faang index. We see these beautiful gains until the end of 2018 when the volatility started. The 40 week ...