U.S. equity markets finished the holiday-shortened week mostly higher, with the Dow leading while the S&P 500 posted a modest gain and the NASDAQ finished nearly flat.
• S&P 500: +0.58%
• NASDAQ: +0.05%
• Dow: +1.37%
Key themes:
• Rotation away from technology and semiconductors showed investors becoming more selective
• Softer labor market data reduced concerns about near-term Fed rate hikes
Takeaway:
Headline index returns were positive, but leadership continued shifting beneath the surface.

U.S. equity markets finished the week mixed, with the S&P 500 and NASDAQ moving lower while the Dow posted a modest gain.
• S&P 500: -1.59%
• NASDAQ: -3.32%
• Dow: +0.32%
Key themes:
• PCE inflation remained elevated and kept Federal Reserve policy expectations in focus
• Technology and AI-related volatility weighed on growth-oriented areas
Takeaway:
Markets were mixed as investors balanced inflation readings, technology-sector volatility, earnings results, policy concerns, and geopolitical developments.

U.S. equity markets finished the week lower, with all three major indices posting modest declines.
• S&P 500: -0.71%
• NASDAQ: -0.62%
• Dow: -0.21%
Key themes:
• The Federal Reserve kept rates unchanged at 3.50%–3.75%
• Oil prices tumbled after the U.S. and Iran agreed to a peace deal
Takeaway:
Markets moved modestly lower as investors processed the Fed’s rate decision, lower oil prices, and mixed earnings updates.

U.S. equity markets finished the week mixed, with the S&P 500 and Dow moving higher while the NASDAQ declined modestly.
• S&P 500: +0.35%
• NASDAQ: -0.16%
• Dow: +0.82%
Key themes:
• Markets appeared to stabilize after the prior week’s pullback
• CPI data kept inflation and Federal Reserve policy expectations in focus
Takeaway:
Markets were steadier last week, though investors remain focused on inflation, labor market strength, and Federal Reserve policy.