S&P 500 weekly chart
Closing modifications on the day:
- S&P 500 up +1.00%
- DJIA +0.7%
- Russell 2000 +2.7%
- Nasdaq Comp +1.4%
- Toronto TSX Comp +1.0%
On the week:
- S&P 500 up 5.9% — finest since Nov 2022
- DJIA +5.1%
- Russell 2000 +7.6% — finest since Feb 2021
- Nasdaq Comp +6.6%
- Toronto TSX Comp +5.8%
The chart above exhibits an ideal restoration from the prior two weeks of positive factors nevertheless it must recover from these current highs to be really convincing. I believe we’ll have some follow-through within the week forward as a result of there’s some FOMO on the market however it will likely be examined as a result of I do not assume there’s an urge for food to take 10-year yields beneath 4.50% simply but.
