The major U.S. stock indexes experienced a second consecutive week of decline, despite a strong performance on Tuesday. This modest two-week retreat contrasts sharply with the four-month rally that preceded it, during which the S&P 500 saw gains in 16 out of 18 weeks.
However, U.S. small-cap stocks, as measured by the Russell 2000 Index, performed notably worse than their larger counterparts, with a 2% decline for the week. This widened the year-to-date performance deficit for small caps compared to larger stocks.
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent gain of 455 points, reaching a closing value of 16,428 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 117 points to settle at 5,234 points. Meanwhile, DJIA Index experienced a notable hike, adding 761 points during the week and concluding at 39,475 points after a week of gain.
In contrast, Russell 3000 Index saw a losing in week performance, with a slight hike of 66 points to reach 2,995 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable surge of 33 points, ending the week at 2,072 points.
