Recap of Last Week's Stock Market Trading - Friday 7/28/2023
The stock market had a mixed week, with the Dow and the S&P 500 ending the week slightly higher, while the Nasdaq Composite Index ended the week slightly lower.
There were a few factors that contributed to the mixed performance of the stock market last week. On the positive side, economic data was generally positive. Additionally, earnings season continued to be strong, with many companies reporting better-than-expected results.
On the negative side, there were some concerns about inflation, which remained elevated. Additionally, there were some concerns about the potential for a recession, as the Federal Reserve continues to raise interest rates in an effort to cool the economy.
Overall, the stock market had a mixed week last week. While there were some positive factors, there were also concerns that weighed on the market.
Key highlights from last week::
A Recap of Last Week's Stock Market Trading - Friday 7/21/2023
Key highlights from last week:
Overall, the market was relatively calm last week, with volatility remaining low. The rally was supported by a number of factors, including strong corporate earnings, easing inflation concerns, and expectations that the Federal Reserve will be less aggressive in raising interest rates than previously thought. However, there were some concerns about the sustainability of the rally, as some investors worried that the market was getting ahead of itself.