Markets Maintain Winning Streak: Weekly Overview 

By: Nitin Singh

Stocks showed limited movement on Friday, but the Dow, S&P 500, and Nasdaq were set for a third consecutive week of gains.

Market Overview:

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.

Dow Jones Performance:

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.

S&P 500 Momentum:

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.

Nasdaq Composite:

The 10-year Treasury yield rose to 4.455%, indicating shifts in bond markets.

Market Indicators:

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.

Historical Comparisons:

Investors closely monitored the sustained positive momentum, evaluating potential implications for future market trends and investment decisions.


Read More         on