Inflation Grips US Market from 13 May ?
@JC888:
Past Week In Review. US stock market rally started the week strong, with the Dow Jones and S&P 500 reclaiming their 50-day moving averages on Mon, 6 May 2024. The Dow and S&P 500 kept moving toward record highs for the rest of the week while Nasdaq paused. The Dow jumped 2.2% in the May 6 -10's trading week, extending a win streak to 8th trading sessions. The S&P 500 index popped 1.85%. The Nasdaq composite advanced 1.1%. SPDR ETF Sector Tracker. The market rally advance has been broad, as the sector ETFs' performance shows. Leading stocks hail from a variety of sectors, with many sectors flashing buy signals last week. (see below) US Reports Out. May 6 - 10 also saw a handful of US reports out. (1) US Weekly Jobless claims. For the week ending 04 May 2024, US jobless claims to