TheDrop Market Analysis, 9/25/24

Markets have settled at a relatively high ceiling today as investors remain uncertain over whether or not the Fed will commit to another jumbo rate cut.

While markets looked very good at the very beginning of the day, by the afternoon they reversed substantially. Ultimately, the Dow went down by 0.7%, the S&P fell by 0.19%, and the Nasdaq slightly increased by 0.04%.

Big Tech continued its massive rally which started earlier this week. Intel, which saw consistent growth for the past week, once again didn't disappoint with its 3% increase. Nvidia grew by a respectable 2%, and Tesla continued rallying with a 1% increase. Meta finished strong with an 0.9% increase.

With a whopping 10% increase, Donald Trump's DJT ticker is continuing its massive recovery effort after about a week of falls.