Crypto Surges On Strategic Reserve News; Tariffs Set To Go Into Effect
President Trump is scheduled to address Congress Tuesday night. (Photo by Andrew Harnik/Getty … [+]
Key Takeaways
- Friday’s Rally Surprised Traders But Couldn’t Erase Weekly Market Losses.
- Tech Stocks Struggled While Consumer Staples Showed Strength Amid Uncertainty
- Tariffs, Earnings, And Jobs Report Could Shape Market Direction Ahead
Markets staged a powerful rally on Friday, but it wasn’t enough to offset losses earlier in the week. When it was all said and done, The S&P 500 fell 1% for the week. The Nasdaq Composite was hardest hit, falling 3.5%. Small cap stocks didn’t fare much better, dropping 1.4%. The one bright spot on the week was the Dow Jonest Industrial Average, which gained 1%.
The strength…
