Hey there, fellow investors! What a week it's been on Wall Street. The stock market saw some interesting movements, with tech stocks leading the way and artificial intelligence making waves. Let's dive into the key highlights from the past week.
The S&P 500 index ended the week with a slightly down day on Friday, slipping fractionally, but was higher overall for the five days, rallying 1.6%. The Dow Jones Industrial Average, however, was off by 0.5% this week, shedding an additional 57 points on Friday.
It was tech stocks that had the big week. The Nasdaq Composite was up 3.2% for the week. Nvidia and Apple, two $3 trillion market-capitalization companies, were both up sharply on the week, rallying about 9% and 8%, respectively. Like clockwork, it was artificial-intelligence hype that delivered the big jump on Friday.
Here’s what else Heard on the Street was watching:
- Live Markets Snapshot
- Crude oil, Bitcoin USD and gold continuous contract data refresh every time you open this email. Other data are as of market close.
These are just a few highlights from the week, and there's much more to explore. Stay tuned for more market insights and analysis as we navigate through the dynamic world of finance.
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