Are you keeping up with the latest market news? As the week nears its end, US stocks have been experiencing some volatility. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have all seen fluctuations, with some ups and downs along the way.
This week has been particularly eventful, with Monday marking the worst rout of the year and the CBOE Volatility Index reaching levels not seen since the pandemic. Despite this turbulence, Thursday brought a glimmer of hope as a positive labor market report boosted investor confidence. Both the S&P 500 and Nasdaq rallied over 2%, with the S&P posting its best day since late 2022.
As we head into the end of the week, the major indices are aiming to stabilize and possibly even end near where they started. Keeping a calm mindset amidst the chaos is key, according to many strategists. Friday is expected to be a quieter day in terms of economic releases and earnings reports, but individual stock movements like Nvidia and Paramount are still worth keeping an eye on.
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