Stocks fell last week as investors reacted to disappointing inflation updates and other economic reports that fell short of estimates.
The stock market experienced solid gains last week, concluding the trading week on a positive note, thanks to robust corporate reports and favorable inflation news; this propelled the S&P 500 Index to achieve a new record high at the end of the week.
Stocks finished higher last week, with big tech again leading amid lingering uncertainty over how continued economic strength would influence the Fed’s rate decision.
Stocks pushed higher last week, led by big tech names and boosted by December inflation reports that were mixed but positive enough to shore up investor confidence in Fed rate cuts this year.
Stocks retreated in the first trading week of 2024, struggling a bit after a celebratory end to last year as investors second-guessed Fed signals and fretted over lingering inflation concerns.
Stocks posted a slight gain last week amid a shortage of news and light holiday trading.
Investor optimism and fears of missing out on future gains propelled stocks higher in the last full week of trading before year-end.
Markets reacted positively last week to cooler inflation and the idea of potential rate cuts next year, adding to the gains of the market’s year-end rally.
A late-week, two-day rally left stocks higher, adding to November’s gains as the last month of trading for 2023 began.
A Friday rally turned an otherwise mixed week for stocks into a solid performance.