Monday: Wall Street started the week in negative territory due to rising treasury yields and concerns about upcoming economic data. The Dow, S&P500, and Nasdaq fell by 0.9%, 1.0%, and 1.2%, respectively.

Tuesday: A tech stock rebound helped the Major Indices recover from Monday’s losses. The Dow gained 0.3%, the S&P500 increased 1.0%, and the Nasdaq surged 1.5%.

Wednesday: Optimism ahead of the Consumer Price Index (CPI) report lifted the markets. The Dow rose 1.0%, the S&P500 climbed 0.7%, and the Nasdaq added 0.6%.

Thursday: Higher-than-expected CPI data reignited interest rate concerns, leading to a slight pullback. The Dow and Nasdaq dipped 0.1%, while the S&P500 declined 0.2%.

Friday: Strong earnings from JPMorgan and Wells Fargo spurred buying, with all major indices ending the day on a high. The Dow rose 1.0%, the S&P500 gained 0.6%, and the Nasdaq increased 0.3%.

Conclusion: Despite some early volatility driven by economic concerns and interest rate fears, strong corporate earnings and optimism about upcoming data led to a positive finish for the week. The Major Indices managed to end in the green, showcasing the market’s resilience amidst fluctuating conditions. Investors remain watchful of economic data but are encouraged by solid earnings reports.

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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