Stock Market Weekly update -Aug 2
In the SPX we got 9 weeks straight up, followed by 9 weeks of sideways action! For the past week, the S&P 500 & Nasdaq & the DOW were up a bit, while the Small-caps trended down for a 5th week. and the Semis trended down for a 6th week, and Interest rates trended UP for a 5th week as the Fed left short-term rates unchanged. Very mixed market! After earnings, MSFT popped while AAPL and META dropped! KO popped to a new all time high. The week ahead includes much more earnings reports, along with the monthly Jobs report on Friday. Microsoft's stock rockets more than 15% for largest single-day jump in history S&P 500 closes higher Friday as Amazon surges; Dow posts fourth straight winning month + DOW -with the exception of March, the DOW has been up every month since April 2025! Interest rates have been rising since early March 10 year yields jumped again to 4.74%, up from a low of 3.95 in Feb 30 year yields jumped again to 5.27%, a m...