wisdomimbibe.com
Stocks showed limited movement on Friday, but the Dow, S&P 500, and Nasdaq were set for a third consecutive week of gains.
The Dow Jones Industrial Average saw a marginal decline, yet it recorded a 1.9% increase for the week and an impressive 7.7% rise over the past three weeks.
The S&P 500 remained relatively flat on the day but achieved a 2% gain for the week, marking a substantial 9.4% increase over the last three weeks.
The Nasdaq showed a minor dip of 0.2% for the day but secured a 2.1% weekly gain and an impressive 11.4% surge over the past three weeks.
The 10-year Treasury yield rose to 4.455%, indicating shifts in bond markets.
The Dow's three-week performance was highlighted as its best since November 11, 2022, the S&P 500's most substantial gain since June 5, 2020, and the Nasdaq's best since April 24, 2020.
Investors closely monitored the sustained positive momentum, evaluating potential implications for future market trends and investment decisions.