U.S. stock markets showed a modest retreat on Friday after Thursday’s Fed-driven enthusiasm. The S&P 500 and Dow Jones Industrial Average hit record highs on Thursday, responding to the Federal Reserve’s significant interest rate cut. However, the upward momentum slowed as the week came to a close.
US Market Updates Last Week- The US stock market indexes ended the week, on a positive note, snapping a three-week losing streak, as investors were busy analyzing the first quarterly earnings of mega tech stocks and fresh economic data. The technology-heavy Nasdaq index gained the most among all key indices with the surge in Tesla,
Dow Gains, S&P & Nasdaq Slide on April 19th: The US stock market indexes opened in a mixed fashion on Friday, as investors digested the fresh geopolitical tension and disappointing Netflix results. The Dow Jones Industrial Average (DJIA) opened marginally higher, by 26.6 points at the 37801.98 level. The S&P 500 and Nasdaq composite indexes
US Stock Market Updates Last Week- The key US market indexes, Dow Jones, S&P 500, and Nasdaq ended lower for the week. The hotter-than-expected inflation data, geopolitical tension, and disappointing corporate earnings combined hit market sentiments during the week. Dow Jones Industrial Average (DJIA) and S&P 500 fell the most, while Nasdaq closed marginally lower