In the latest weekly update, The S&P 500 rose for the fourth week in a row, climbing to its highest level in nearly 10 months. Each of the major U.S. indexes produced a fractional weekly gain in a mostly quiet week of trading. The Russell 2000 Index has gained more than 5% over the past two weeks.
Investors witnessed a blend of gains and losses across these key benchmarks, reflecting the ever-changing dynamics of the market.
Reviewing the US Stock Markets, the Nasdaq Composite, recorded a decent lost of 19 points, reaching a closing value of 13,259 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 16 points to settle at 4,298 points. Meanwhile, DJIA Index experienced a notable surge, climbing by 114 points during the week and concluding at 33,876 points after a week of gains.
In contrast, Russell 3000 Index saw a gain in week performance, with an increase of 12 points to reach 2,470 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable rise of 35 points, ending the week at a steady 1,865 points.