Dow Jones, Nasdaq, S&P 500 weekly preview: Economic data still key for stocks
For the week, the S&P 500 was down just 0.04%, having briefly turned positive during Friday's session before giving back some gains. Meanwhile, the Dow and Nasdaq ended the week lower by 0.6% and 0.18%, respectively.
According to Goldman Sachs strategists, upcoming data releases that shed light on the economic outlook will play a key role in determining whether the equity market continues to be driven by macroeconomic factors or shifts back to the micro-driven environment seen in the first half of 2024. As mentioned earlier, Walmart’s upcoming earnings report will be among the closely watched developments in the coming days.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones, Nasdaq, S&P 500 weekly preview: Recession fears cloud equities outlookDow Jones, Nasdaq, S&P 500 weekly preview: Recession fears cloud equities outlook
Read more »
Dow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on Big Tech earnings, FOMCDow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on Big Tech earnings, FOMC
Read more »
Dow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on GDP, PCE data and earningsDow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on GDP, PCE data and earnings
Read more »
Dow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts to Q2 earningsDow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts to Q2 earnings
Read more »
Dow, S&P 500, Nasdaq have worst session since 2022U.S. stocks registered the worst session since 2022 after a string of weak economic reports jolted investor fears that a recession may be brewing.
Read more »
Stock futures are little changed after Dow posts best day since June 2023: Live updatesBoth the S&P 500 and the Dow Jones Industrial Average closed at fresh records on Tuesday.
Read more »