The S&P 500 and Dow Jones indices inched above the previous week’s record highs, extending their positive trend for the 12th time in the last 13 weeks. Meanwhile, the NASDAQ registered a moderate weekly gain but remained 3.7% below its historic peak achieved on November 19, 2021.
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent gain of 173 points, reaching a closing value of 15,628 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 68 points to settle at 4,958 points. Meanwhile, DJIA Index experienced a notable hike, gaining by 545 points during the week and concluding at 38,654 points after a week of gain.
In contrast, Russell 3000 Index saw a gain in week performance, with a slight gain of 34 points to reach 2,837 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable drop of 16 points, ending the week at 1,962 points.