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Markets End Week with Losses Despite S&P 500’s Monthly Gain
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.
Author: Natalia Halon
Markets Diverge as Nasdaq Hits New Highs
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.
Markets Surge to New Highs Amid Mixed Economic Signals
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.
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.
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.