Monday: A cautious start to the week saw mixed results among the Major Indices. The Dow dipped by 0.4% amid looming economic updates, while the S&P 500 barely moved, and the Nasdaq edged up by 0.2%.

Tuesday: Investor spirits lifted as Producer Price inflation data came in softer than expected, prompting gains across the board. The Dow rose by 1.0%, the S&P 500 surged by 1.7%, and the Nasdaq jumped a notable 2.4%.

Wednesday: The release of the Consumer Price Index, which aligned with expectations, helped assuage recession fears slightly. This led to modest gains with the Dow increasing by 0.6%, the S&P 500 by 0.4%, and the Nasdaq by just 0.03%.

Thursday: Strong retail sales figures spurred a robust rally. The Dow, S&P 500, and Nasdaq all saw significant gains, up by 1.4%, 1.6%, and 2.3%, respectively.

Friday: Positive preliminary consumer sentiment data ensured the week closed on a high note, with all indices marking a 0.2% rise.

Conclusion: After a mixed beginning, all three Major Indices ended the week on a positive note, marking a reversal from previous trends.

Stay tuned for our video forecast on the week ahead, where we’ll provide insights and predictions to help navigate the ever-changing landscape of the stock market.

Time Is Money: The Week ahead in Under 5!

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