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.
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Investor Resources Stay up-to-date on the latest stories affecting the financial sector and your investments.
Investor Resources Stay up-to-date on the latest stories affecting the financial sector and your investments.
Investor Resources Stay up-to-date on the latest stories affecting the financial sector and your investments.
Investor Resources Stay up-to-date on the latest stories affecting the financial sector and your investments.
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