Monday: Wall Street kicked off the week with an upward trajectory, buoyed by gains in the technology sector. The Dow rose by 0.2%, the S&P500 improved by 0.6%, and the tech-heavy Nasdaq surged by 0.8%.

Tuesday: Despite initial uncertainty, the major indices closed higher, overcoming investor concerns about the upcoming Federal Reserve announcement. The Dow, S&P500, and Nasdaq all posted gains of 0.8%, 0.6%, and 0.4%, respectively.

Wednesday: Federal Reserve Chair Powell’s reassurance that any rate adjustments would be contingent on sustained inflation movement towards 2% boosted market confidence. The Dow climbed by 1.0%, the S&P500 by 0.9%, and the Nasdaq surged by 1.3%.

Thursday: Easing fears of interest rate hikes contributed to positive sentiment, driving the major indexes into positive territory. The Dow rose by 0.7%, the S&P500 added 0.3%, and the Nasdaq gained 0.2%.

Friday: Market sentiment turned mixed as investors absorbed some disappointing earnings reports. The Dow dropped by 0.8%, the S&P500 slipped by 0.1%, while the Nasdaq managed a 0.2% rise.

Week in Review: Despite fluctuations throughout the week, all three major indices secured week-over-week gains, marking a positive note to conclude the trading week. And That’s The Market In Review.

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!

VectroVest Stock Advisory App

Want These Types of Insights at Your Fingertips so You Can Win More Trades?

Use VectorVest to analyze any stock free. VectorVest is the only stock analysis tool and portfolio management system that analyzes, ranks and graphs over 18,000 stocks each day for value, safety, and timing and gives a clear buy, sell or hold rating on every stock, every day.

Before you invest, check VectorVest! Click here to ANALYZE ANY STOCK FREE and see our system in action!

What you should do next…

  1. Get our latest blogs delivered right to your inbox, subscribe to our newsletter.
  2. The market moves fast! Get our most current evaluation of this stock with our FREE stock analysis tool.
  3. Looking for stock picks? Not sure if now is the right time to buy/sell? For a limited time, enjoy the full benefits of a 30-day subscription to VectorVest for only $0.99 (usually up to $148/month) . Get access to our full list of screeners showcasing our top stock picks that tell you exactly what to buy, when to buy, and when to sell.