Monday: Mixed Start
Wall Street began last week with mixed results as investors exercised caution ahead of key inflation data. The Dow dropped by 0.2%, the S&P 500 dipped slightly by 0.02%, and the Nasdaq managed a 0.3% gain.

Tuesday: Optimism on CPI Data
Anticipation of the Consumer Price Index (CPI) release boosted the Major Indices. The Dow rose by 0.3%, the S&P 500 increased by 0.5%, and the Nasdaq climbed by 0.8%.

Wednesday: Positive CPI Impact
The CPI data met expectations, easing concerns about interest rates. This led to a positive close for Wall Street: the Dow surged by 0.9%, the S&P 500 by 1.2%, and the Nasdaq by 1.4%.

Thursday: Market Pullback
Investor sentiment turned negative on fears that the Federal Reserve might keep interest rates higher for longer. The Dow fell by 0.1%, the S&P 500 by 0.2%, and the Nasdaq by 0.3%.

Friday: Mixed Close
Hawkish remarks from US Federal Reserve Governor Michelle Bowman influenced the market, resulting in a mixed close. The Dow gained 0.3%, the S&P 500 edged up by 0.1%, but the Nasdaq slipped by 0.1%.

Weekly Summary:
Despite some volatility, all major indices ended the week on a positive note.

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.