Market Recap Week of 7/24/2023 Through 7/28/2023
The S&P 500 index rose 1.0% last week, led by the communication services sector, amid stronger-than-expected Q2 earnings while US economic growth for Q2 also surpassed expectations.
The S&P 500 index rose 1.0% last week, led by the communication services sector, amid stronger-than-expected Q2 earnings while US economic growth for Q2 also surpassed expectations.
The S&P 500 index rose 0.7% last week as the second quarter earnings reports came in mostly above analysts' estimates. The two-day Federal Open Market Committee meeting will be the focus this week.
The S&P 500 rebounded last week amid growing signs that inflation is easing. All sectors notched gains for this week.
The S&P 500 index slipped 1.2% last week as minutes from the latest Federal Open Market Committee meeting and mixed June Jobs data kept a July rate increase on the table.
The S&P 500 index rose 2.3% last week, boosting the market benchmark's June increase to 6.5%. The index is now up 16% for the first six months of the year.
The S&P 500 index shed 1.4% last week as Federal Reserve officials indicated interest rate increases are ahead. Still, the index is up 4% in June and 13% this year.
The S&P 500 index rose 2.6% last week, reaching fresh 52-week highs, among stronger-than-expected retail sales and as the Fed opted not to raise interest rates.
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