A week after entering a bull market, the S&P 500 recorded its fifth positive weekly result in a row—its longest such streak since November 2021. The three major U.S. indexes posted weekly gains of around 1% to 3%, and the S&P 500 and the NASDAQ rose to their highest levels in 13 months.
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 gain of 430 points, reaching a closing value of 13,689 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 111 points to settle at 4,409 points. Meanwhile, DJIA Index experienced a notable surge, climbing by 423 points during the week and concluding at 34,299 points after a week of gains.
In contrast, Russell 3000 Index saw a gain in week performance, with an increase of 61 points to reach 2,531 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable rise of 10 points, ending the week at a steady 1,875 points.
