S&P 500, Nasdaq advance, turning the page on a tumultuous week
The S&P 500, Nasdaq, and Dow are positioned for gains as technology stocks extend a rally and oil prices ease. This follows a tumultuous week characterized by Federal Reserve rate hikes, surging oil prices, and jumping Treasury yields. While the Dow recently recorded its worst week in six months and its third consecutive weekly decline, markets showed resilience with a post-Fed bounce on Thursday. Current futures indicate a steady to tepid start as investors balance AI optimism against lingering inflation concerns.
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- ✓ The Dow Jones Industrial Average rose 0.62% at the close of trade.
- ✓ The Dow experienced its worst week in six months.
- ✓ The Dow has marked three straight weekly declines.
- ✓ The Federal Reserve hiked interest rates during a volatile week for the S&P 500.
What changed
Major indices are turning positive after the Dow suffered its worst weekly performance in six months.
Live updates
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U.S. Indices Advance Following Volatile Week
The S&P 500, Nasdaq, and Dow are positioned for gains as technology stocks extend a rally and oil prices ease. This follows a tumultuous week characterized by Federal Reserve rate hikes, surging oil prices, and jumping Treasury yields. While the Dow recently recorded its worst week in six months and its third consecutive weekly decline, markets showed resilience with a post-Fed bounce on Thursday. Current futures indicate a steady to tepid start as investors balance AI optimism against lingering inflation concerns.
Why it matters
The market is reacting to a period of high volatility driven by monetary policy shifts and energy costs. Recent Federal Reserve actions have pushed yields higher, creating headwinds for equities. The ongoing tension between AI-driven growth and inflation trepidation continues to dictate short-term price action.
What is confirmed
- The Dow Jones Industrial Average rose 0.62% at the close of trade.
- The Dow experienced its worst week in six months.
- The Dow has marked three straight weekly declines.
- The Federal Reserve hiked interest rates during a volatile week for the S&P 500.
Still unconfirmed
- Netflix shares dived following a post-Fed fightback.
- A meeting between Trump and Xi is expected next.
What to watch next
- Treasury yield fluctuations
- Oil price movements
- Upcoming Trump-Xi meeting outcomes
confidence 90%Sources used for this update (13)
- Seeking Alpha — 3 things to look out for on Friday (SP500:)
- CNBC — Stock futures are little changed after Thursday's post-Fed bounce: Live updates
- MarketWatch — Stock Market Today: Dow, S&P 500 and Nasdaq set to rise as oil price ease, tech stocks extend rally
- WSJ — Stock Market Today: Dow Futures Steady, Tech Rally Continues— Live Updates
- Reuters — Wall St set for tepid open as oil prices fall, Treasury yields rise
- Investing.com — U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.62%
- Seeking Alpha — S&P 500 ends volatile week as Fed hikes rates, yields jump, oil surges
- Barron's — S&P 500, Nasdaq Turn Positive Heading Into Final Hour of Trading
- WSJ — Wall Street Ends Volatile Week with Quiet Finish
- finance.yahoo.com — Dow Drops To Record Worst Week In Six Months Amid Elevated Yields, Oil — NVDA, TSLA, SPCX, ONON In Focus
- WSJ — U.S. Stocks Mixed as Inflation Trepidation Offsets AI Optimism
- Investor's Business Daily — Stock Market Mixed After Post-Fed Fightback, Netflix Dives; Trump-Xi Meeting Now Up Next
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