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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.
Author: Natalia Halon
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.
Weekly Market Overview: April 15 – April 19
The S&P 500 drops 3% amid mixed earnings and Middle East tensions. Read the full weekly market overview here.
Inflation Fears Shake Markets
Market indices ended the quarter with losses, led by the Dow Jones. No sector showed optimism, with Information Technology slightly down and others experiencing losses over three percent.
Weekly Market Overview: April 8 – April 12
The S&P 500 index experienced its second consecutive weekly decline, dropping 1.6% amid concerns over higher consumer prices.
Weekly Market Overview: April 1 – April 5
The S&P 500 fell this week to start Q2 on a sour note as Federal Reserve officials indicated they were in no rush to cut interest rates.