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Dow Leads Market Surge
Last week, major markets saw gains with the Dow Jones leading, followed by the S&P 500 and MSCI World Index.
Author: Natalia Halon
Weekly Market Overview: May 6 – May 10
The S&P 500 index rose 1.9% this week, marking its third consecutive week of gains as earnings reports were mostly above expectations.
Global Markets Rebound Despite Mixed Economic Signals
Markets rebounded after April’s weakness: The S&P 500 saw a slight gain but marked its first monthly loss since October.
Weekly Market Overview: April 29 – May 3
The S&P 500 index rose 0.5% this week, marking its second consecutive weekly gain and bringing the year-to-date increase to 7.5%, as investors grew more hopeful for potential rate cuts by the Federal Reserve following weaker-than-expected April jobs data. Despite a 4.2% decline in April, the index rebounded, with utilities leading the climb, while quarterly earnings reports mostly exceeded expectations, though revenue didn’t surpass estimates as often.
Major Indices Rebound, Tech Leads the Way
Last week, the major markets rebounded after a 3 week decline, driven by strong gains in IT and positive earnings reports from over 800 companies.
Weekly Market Overview: April 22 – April 26
The S&P 500 rebounded this week on strong earnings reports in the technology and consumer discretionary sectors, though it remains down for the month but positive for the year, with investors focused on upcoming earnings releases and economic data.
S&P 500 Sees Third Consecutive Weekly Loss
Last week saw another drop for major markets, with the S&P 500 posting its third consecutive weekly loss. Only the Dow Jones Industrial Average managed to close flat.