Monday: Last week Wall Street kicked off on a downbeat note as investors dumped technology stocks ahead of key inflation data. The Dow fell 0.5%, while the S&P 500 and Nasdaq both declined 0.6%.

Tuesday: CPI worries continued to weigh on investor sentiment, leading to another session of losses. The Dow dropped 0.4%, and both the S&P 500 and Nasdaq dipped 0.3%.

Wednesday: CPI data, which came in as expected, sparked inflation concerns but led to a mixed session. The Dow slipped 0.2%, while the S&P 500 gained 0.8%, and the Nasdaq surged 1.8% as tech stocks rebounded.

Thursday: A hotter-than-expected PPI reading reignited fears of rising interest rates, pulling markets lower. The Dow and S&P 500 both fell 0.5%, and the Nasdaq lost 0.7%.

Friday: Rising bond yields created additional pressure, leading to a mixed close. The Dow dipped 0.2%, the S&P 500 finished just below even, and the Nasdaq edged up 0.1%.

Conclusion: For the week, the Dow and S&P 500 closed lower as inflation and interest rate worries loomed. However, the Nasdaq managed to finish higher, thanks to mid-week tech gains.

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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