Stocks end week with fifth straight winning session

How will current market developments affect you? The thought leaders at Fifth Third Bank can help make sense of it all. Listen to the Economic Beat as they discuss what happened last week and what they expect will be the focus of this week.

Economic Beat: November 25, 2024

Domestic equities had a strong pre-Thanksgiving week, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all posting gains. U.S. Treasury yields were mixed, with the 10-year note down slightly and the 2-year note up. Gold and WTI crude oil both saw significant increases. The S&P 500 reported a 5.8% year-over-year earnings growth for Q3, marking the fifth consecutive quarter of growth. Analysts expect double-digit earnings growth for the S&P 500 throughout 2025, indicating a positive economic outlook. Existing home sales rose 2.9% year-over-year, and the median home price increased by 4.0%. Initial jobless claims decreased, but continuing claims rose, suggesting a softening labor market.

To listen to past Economic Beat updates, click here.