The major U.S. stock indexes regained the ground they had lost the previous week and then some, as generally positive economic data lifted the S&P 500, the NASDAQ, and the Dow more than 2% each. For the NASDAQ, it was the ninth positive week out of the past ten.
The S&P 500 and the NASDAQ both gained nearly 7% to record their fourth positive month in a row. The Dow climbed nearly 5% and posted its best month since November 2022. For the S&P 500, it was the best result since last October.
Reviewing the US Stock Markets, the Nasdaq Composite, recorded a decent hike of 295 points, reaching a closing value of 13,787 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 41 points to settle at 4,450 points. Meanwhile, DJIA Index experienced a notable surge, adding by 680 points during the week and concluding at 34,407 points after a week of gains.
In contrast, Russell 3000 Index saw a gain in week performance, with a gain of 64 points to reach 2,554 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable lost of 67 points, ending the week at a steady 1,888 points.
