The major U.S. stock indexes experienced gains, recovering from the declines observed the previous week, which had interrupted a streak of nine consecutive positive weeks at the end of 2023. As of the Friday close, the S&P 500 was nearly 0.3% away from the record closing high it established on January 3, 2022.
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent gain of 448 points, reaching a closing value of 14,972 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 86 points to settle at 4,788 points. Meanwhile, DJIA Index experienced a notable hike, gaining by 126 points during the week and concluding at 37,592 points after a week of gain.
In contrast, Russell 3000 Index saw a gain in week performance, with a slight gain of 46 points to reach 2,745 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable drop of 1 point, ending the week at 1,950 points.
