Monday: The week started on a high note with anticipation of potential interest rate cuts this year, leading to gains across major indices. The Dow rose by 0.5%, the S&P 500 by 0.3%, and the Nasdaq by 0.4%.

Tuesday: Sentiment was further boosted by strong earnings from Morgan Stanley and UnitedHealth, with the Dow jumping 1.9%, the S&P 500 gaining 0.6%, and the Nasdaq adding 0.2%.

Wednesday: The mood shifted mid-week as concerns about the Biden administration imposing tighter export curbs on China dampened spirits, despite a batch of positive earnings. The Dow managed a modest increase of 0.6%, but the S&P 500 and Nasdaq faced setbacks, dropping 1.4% and 2.8% respectively.

Thursday: The downward trend continued, with all major indexes closing lower. The Dow declined by 1.3%, the S&P 500 by 0.8%, and the Nasdaq by 0.7%.

Friday: A global IT outage impacted market sentiment negatively, resulting in further declines. The Dow fell by 0.9%, the S&P 500 by 0.7%, and the Nasdaq by 0.8%.

Conclusion: Despite the volatile week, the Dow managed to end with a gain, whereas both the S&P 500 and Nasdaq experienced notable losses.

Stay tuned for our video forecast on the week ahead, where we’ll provide insights and predictions to help navigate the ever-changing landscape of the stock market.

Time Is Money: The Week ahead in Under 5!

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