Stock Market Weekly update -Mar 1
The indexes were down a bit last week, as we closed out Feb with small losses in both the S&P500 and the Nasdaq. NVDA dropped 5% for the week, while NFLX was up 25% for the week! Long term Interest rates (10Yr) dropped below 4% to 3.96, while PPI popped ! This week we get the monthly Jobs report on Friday, and reaction to the US/Israeli attack on Iran. Iran Says Supreme Leader Died During U.S.-Israeli Strikes Private-credit ‘cockroaches’ and the AI ‘scare trade’ hammered stocks in February Treasuries Rally in February While Stocks Post Losses Block Axes 40% Of Staff, Says Most Firms Will Follow Suit The week ahead: Jobs report 8th week of Earnings - Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -dropped to 3.96% The Dollar - down a bit to 97.65 Gold - rallied again to $5278 Oil - up again to $67.28 Bitcoin - dropped a bit to around 67k National debt $38.8 Trillion New all time Highs : KO, JNJ, MC...