Global markets steady after a volatile month
2 Articles
2 Articles
Global markets steady after a volatile month
Wall Street closed out the week on a positive note, with the S&P 500 rising for a fourth consecutive session. The index finished up 0.74% on Friday, notching a 4.6% gain for the week. The Nasdaq outperformed, climbing 1.26% on the day and 6.7% for the week, buoyed by strength in major tech stocks. The Dow Jones Industrial Average lagged but still eked out a small gain, ending just 20 points higher. Markets continue to navigate uncertainty around…
Markets rise as tech boost offsets trade worries
Major U.S. tech names reported their first-quarter results Thursday, offering markets something more to chew on besides all the tariff-related news. U.S. stock indexes rallied: the Dow regained the 40,000 level and the S&P500 and Nasdaq posted gains of over 2%. While tech appears to be at the forefront of investors’ mind for now, tariffs and trade tensions still lurk in the shadows, with Intel CFO David Zinsner warning that tariffs and retaliat…
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