After a slight dip following a U.S. Federal Reserve meeting, major stock indexes rebounded with gains on Thursday and Friday. The S&P 500, Dow, and NASDAQ all saw an overall increase of more than 1%, marking the 13th positive outcome in the past 14 weeks for the S&P 500. January marked the third consecutive monthly gain for the S&P 500, with a cumulative rise of 15.5% during that period. The index recorded a 1.6% overall increase last month and surpassed its record closing level multiple times, surpassing the 4,800-point mark on January 19 and reaching 4,900 ten days later.
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent gain of 362 points, reaching a closing value of 15,990 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 68 points to settle at 5,026 points. Meanwhile, DJIA Index experienced a notable hike, gaining by 17 points during the week and concluding at 38,671 points after a week of gain.
In contrast, Russell 3000 Index saw a gain in week performance, with a slight gain of 42 points to reach 2,879 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable drop of 47 points, ending the week at 2,009 points.
