Monday: The Major Indexes began the week in positive territory as dovish comments from the Fed boosted sentiment. The Dow added a modest 0.04%, while the S&P 500 and Nasdaq both picked up 0.4%. Monday’s trading also marked the end of September and the third quarter, in which all the Major Indexes experienced gains.
Tuesday: Wall Street started the spooky month of October with losses on Tuesday as an Iranian missile attack on Israel weighed on the market. The Dow faltered 0.4%, the S&P 500 fell 0.9%, and the Nasdaq lost 1.5%.
Wednesday: Midweek, investors digested a higher-than-anticipated ADP Employment report, and Wall Street managed to close the choppy session slightly higher. The Dow, S&P 500, and Nasdaq rose by 0.1%, 0.01%, and 0.1%, respectively.
Thursday: Continued geopolitical worries in the Middle East dented sentiment on Thursday, and the Major Indexes closed to the downside. The Dow declined 0.4%, the S&P 500 fell 0.2%, and the Nasdaq dipped a slight 0.04%.
Friday: Blockbuster jobs data inspired buying on Friday, and the Major Indexes ended the volatile session higher. The Dow increased 0.8%, the S&P 500 climbed 0.9%, and the tech-heavy Nasdaq rose 1.2%.
Conclusion: It was an up-and-down week, but all three Major Indexes managed to eke out slight gains. And that’s The Market In Review.
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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