Author: Natalia Halon

Juneteenth’s shortened trading week saw all five major markets close higher, with the Dow Jones Industrial Average leading the way with a nearly 1.5% gain.

Tech stocks surged, lifting major markets higher, but economic uncertainty persists amid varied rate cut expectations.

Last week saw all five major indices gain with new highs. However, mid to small-cap segments posted losses, showing an uneven performance.

The major markets ended the Memorial Day week with losses, but the S&P 500 gained 4.8% for the month, its second-best of the year.

Last week saw mixed market results: the Nasdaq rose 1.4%, the Dow Jones fell 2.3%, and the S&P 500 stayed flat. The Nasdaq and S&P 500 hit new highs.

Last week, all major markets gained, with the S&P 500 hitting a new all-time high. Mixed economic data saw the PPI rise unexpectedly, but a lower-than-expected CPI boosted markets. Expectations for two rate cuts this year have increased, and bond markets saw a positive rebound.

Last week, major markets saw gains with the Dow Jones leading, followed by the S&P 500 and MSCI World Index.