The Duke Economics Student Union (ESU) is an organization intended for all Economics majors and potential majors. We strive to provide meaningful resources for all undergraduate economics majors at Duke, whether it be through faculty lunches, career, internship and research panels, or social events.

The ESU works directly with the Duke Undergraduate Economics Department with the goal of making all Economics majors and potential majors well-aware of the multitude of fields in Economics. As Duke’s premier Economics club, we yearn to provide adequate resources to all our members to support them in their career paths.

The Union was founded in Fall 2001 by students who wished to provide a structure for economics students to:

  • Interact with faculty
  • Share advice regarding classes and careers
  • Bring speakers to the campus
  • Organize discussions of policy issues, and
  • Facilitate ways of presenting student views of the Economics major to the Economics Department.

For more information about ESU events and opportunities, kindly sign up for our Listserv at: https://lists.duke.edu/sympa/subscribe/esu_members

Follow us on Instagram: https://www.instagram.com/duke.esu/

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A Good Week for Stocks
(Feb 2024)

Written by: Gianna Zheng (2/23/2024)

The performance of the S&P 500 this week was at an all-time high, rising 3%. This increase was caused primarily by the technology sector, with Nvidia Corporation (NVDA) standing out as a key player. Nvidia’s release of its revenue reports for the last quarter of 2023 resulted in a 16% rise in its shares and served as the main catalyst. These figures exceeded many analysts’ predictions and triggered a stock rally while securing Nvidia’s spot as the top-performing stock within the S&P 500. This momentum created a ripple effect within similar companies. For example, two chip-making companies, Advanced Micro Devices, and Applied Materials rose 11% and 5% respectively.  

Other major U.S. stock indices showed mixed results. For instance, the Dow Jones Industrial Average experienced similar upticks ending with a modest 0.2% rise. Interestingly, the Nasdaq Composite, an index weighted heavily in technology ended the week down 0.3%. Despite this week’s Wall Street stock rally, the loom of a recession is still in the air with the Federal Reserve keeping a close eye on inflation waiting for the right time to start cutting interest rates.  

Internationally, Japan’s main stock index, the Nikkei 225, also experienced a bullish trend, reaching its record-breaking high. This milestone is particularly significant as it marks the Japanese stock market finally returning to levels before Japan’s recession in 1989. The rise of the Nikkei 225 drew great optimism among both Japanese investors and residents given that it reflects the long-awaited recovery of Japan’s economy and a resurgence in global market confidence.  





https://finance.yahoo.com/news/stock-market-today-sp-500-dow-hit-fresh-records-as-wall-street-ends-nvidia-fueled-rally-week-123711842.html Edit