US stocks staged a bit of a comeback last week with advances coming across all three major benchmarks. The Dow Jones Industrial Average climbed 1.8%, the S&P500 gained 2.0% and the Nasdaq rallied 2.8% on the week bringing the tech-heavy index into the green for the year.
It was a choppy week for US equities last week, as concerns over a potential trade war with China remained front and center. The blue-chip Dow was hit the hardest, with weekly losses exceeding -3%, while the S&P500 retreated -2.6% and the Nasdaq inched 0.2% higher on the week.
Last week ended on a positive note as stocks rallied into the Easter Weekend, but it wasn’t quite enough to bring the broad US benchmarks into the green for the quarter. The Dow and S&P500 finished the quarter with losses of 2.5% and 1.2% respectively, snapping a streak of nine consecutive quarterly gains.
U.S. stocks are in rally mode in early trading today following a week that saw all three major indices experience their worst weekly performance in more than two years. On Friday, the Dow finished the week down 5.7% and the S&P500 was 6% lower. At current levels, the Dow is 10% below its record close while the S&P500 is sitting 8.5% below its all-time high.
U.S. stocks are down today in reaction to news regarding how Facebook Inc. manages user data. Currently, the tech heavy Nasdaq is getting hit the hardest with losses exceeding 2% while both the Dow and S&P500 are down nearly 1.50%.
US equities rallied last week in a broad-based advance that saw 11 of 11 S&P sectors finish with weekly gains. The Dow and S&P500 rallied 3.3% and 3.5% respectively, putting both indices within 3% of their market tops before February’s correction. The tech-heavy Nasdaq shot up by 4.2% on the week, finishing Friday at a new all-time high.
U.S. stocks are marching higher to kick off a new week of trading after finishing last week with a string of consecutive losses that investors haven’t seen for over a year. Last week, the Dow was down 3% while the S&P500 and Nasdaq declined 2% and 1.1% respectively.
U.S stocks have recovered more than half of the losses of the correction that took place just three weeks ago and now stand less than 5% below record levels seen earlier this year. This morning all three major indices are higher after finishing last week in positive territory for the second week in a row.
U.S. stocks are pulling back to kick-off this holiday shortened week. The Dow is down nearly 100 points in early trading while the S&P500 is seesawing around the unchanged line. The Nasdaq is up slightly led by broad gains among the ‘FAANG’ stocks. Today’s selling trend follows a six session rally that saw the three major U.S.
Stocks are recovering this morning, after a brutal selloff last week that ushered in new levels of volatility that market participants haven’t seen in some time. The Dow Jones Industrial Average finished last week with losses of -5.2% in a week that saw two 1,000 point drops and six consecutive days of 500 point intraday swings.