The S&P 500’s weekly increase of over 1% propelled the index beyond the 5,000-point mark for the first time, securing its 14th positive outcome in the last 15 weeks. The NASDAQ experienced a gain of over 2%, and the Dow registered a marginal increase.
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent loss of 215 points, reaching a closing value of 15,775 points by the end of the week. Similarly, the S&P 500 index showed a negative trend, losing 21 points to settle at 5,005 points. Meanwhile, DJIA Index experienced a notable drop, dropping 44 points during the week and concluding at 38,627 points after a week of gain.
In contrast, Russell 3000 Index saw a lose in week performance, with a slight lose of 7 points to reach 2,872 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable hike of 23 points, ending the week at 2,032 points.