MARKET HIGHLIGHTS
Capital Security Bank
market highlights
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GOOD WEEK
Domino's (DPZ +0.26%) benefitted from its robust supply chain business model, accounting for majority of its revenue. By sharing supply chain profits with franchisees, it ensured consistency and efficiency across locations.
Procter & Gamble (PG +0.56%) has consistently increased prices without significantly reducing sales volume. Procter & Gamble is the company behind such brands as Gillette, Tide, Downy, Crest, Febreze, and Bounty, but there are dozens more in its product portfolio.
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BAD WEEK
Nike (NKE -0.23%) experienced a stock decline due to unsatisfactory 2023 results, falling short of anticipated revenue growth, disappointing both market and management forecasts and signalling potential market share erosion.
Disney's (DIS -0.12%) theme parks faced challenges in 2023. Despite high post-pandemic attendance and increased revenues in prior years, Florida parks experienced a slowdown. Disney, SeaWorld, and Comcast invested in expansions.
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WHAT ELSE HAPPENED
Inflation peaked in the pandemic era due to low interest rates, massive government stimulus, quantitative easing, and supply chain disruptions, causing a significant drop in the Index funds. To combat this, the Fed increased interest rates aiming to lower inflation, supporting economic growth and a stronger stock market.
Stocks experienced a decline, pausing the S&P 500's near-record ascent. The Dow Jones and Nasdaq concluded their respective winning streaks, signalling potential shifts as 2023 concludes for index funds.
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