Monday: Wall Street started the week with mixed results. Inflation concerns weighed on the market, causing the Dow to drop 0.3%, while the S&P 500 gained 0.2%, and the Nasdaq surged 1.0%.
Tuesday: Treasury yields continued to weigh on the market. The Dow slipped 0.2%, the S&P 500 edged up by 0.1%, and the Nasdaq gained 0.4%.
Wednesday: Fed’s dovish comments sparked optimism, sending stocks higher. The Dow rose 0.7%, the S&P 500 gained 0.6%, and the Nasdaq surged 1.3%.
Thursday: Caution ahead of the jobs report led to a pullback. The Dow fell 0.6%, while the S&P 500 and Nasdaq dropped 0.2%.
Friday: A volatile session following the jobs report, with the Dow slipping 0.3%, the S&P 500 increasing 0.3%, and the Nasdaq climbing 0.8%.
Conclusion: The S&P 500 and Nasdaq saw week-over-week gains, while the Dow closed lower, weighed down by inflation and interest rate concerns. Despite the volatility, tech stocks helped boost the overall performance.
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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