The major U.S. stock indexes remained relatively downturn throughout the week, with minimal fluctuations.
This trend aligns with the U.S. Stock market’s generally flat performance during the summer months. Since late June, the S&P 500 index has experienced a marginal difference of less than 5% between its highest and lowest points.
Reviewing the US Stock Markets, the Nasdaq Composite, recorded a decent drop of 497 points, reaching a closing value of 13,211 points by the end of the week. Similarly, the S&P 500 index showed a negative trend, losing 130 points to settle at 4,320 points. Meanwhile, DJIA Index experienced a notable shed, diving by 655 points during the week and concluding at 33,963 points after a week of lose.
In contrast, Russell 3000 Index saw a loss in week performance, with a loss of 78 points to reach 2,475 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable drop of 71 points, ending the week at a steady 1,776 points.