The stock market closed out the first half of 2024 on a high note, buoyed by continued strength in the technology sector. All three major indexes, the S&P 500,

Tech Takes Charge: Stock Market Closes Higher on Positive Momentum


blog post cover photo

Image credit: Yorgos Ntrahas

The stock market closed out the first half of 2024 on a high note, buoyed by continued strength in the technology sector. All three major indexes, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average, ended the day in positive territory on June 30th.

S&P 500 Extends Gains

The S&P 500 led the charge, building on its impressive performance during the second quarter. This positive momentum has investors cautiously optimistic as they await key economic data releases later this week.

Jobs Report and Fed Minutes in Focus

Friday's crucial jobs report will offer valuable insights into the health of the U.S. economy, potentially influencing investor sentiment. Additionally, the release of the Federal Reserve's meeting minutes this week could provide further clues about the central bank's monetary policy direction.

Boeing Soars on Spirit Acquisition

In company-specific news, Boeing's stock price surged after the aerospace giant announced its acquisition of Spirit Aerosystems. This deal is poised to create the world's largest aerospace company. Tesla shares also climbed in anticipation of the company's upcoming second-quarter vehicle delivery figures.

Embrace Data-Driven Insights with FMP API

Want to stay ahead of the curve in the ever-evolving stock market? Integrate the Financial Modeling Prep (FMP) API into your investment research process! This powerful tool grants access to a vast pool of real-time and historical financial data, empowering you to:

  • Visualize Market Trends: Embed live stock charts directly into your analysis using the FMP EOD API ( This allows you to visualize market movements and identify potential trading opportunities.
  • Gain Company Insights: Leverage the API to access comprehensive company profiles, financial ratios, and other valuable data points. This empowers you to make informed investment decisions based on in-depth company analysis.
  • Streamline Content Creation: Automate data retrieval and integration with the FMP API, saving you valuable time and effort. Focus on crafting insightful content while the API handles the data legwork.

Sign up for your FMP API key today and unlock a world of data-driven investment insights!

Other Blogs

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Dec 23, 2023 2:19 AM - Parth Sanghvi

Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges

Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...

blog post title

Dec 25, 2023 2:28 AM - Parth Sanghvi

Integrating Sustainability into Valuations: Navigating ESG Factors within the Discounted Cash Flow (DCF) Model

Introduction: The investment landscape is undergoing a profound shift with a heightened emphasis on sustainability and responsible investing. In this blog post, we explore the intersection of Environmental, Social, and Governance (ESG) considerations within the Discounted Cash Flow (DCF) model, h...

blog post title


Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
2017-2024 © Financial Modeling Prep