Stock Market Weekly update -May 3
The stock indexes rallied for a 5th week, making it to new all time highs for the 3nd week in a row (except for the DOW). META dumped on earnings, while GOOGL, AAPL, SNDK, CAT, BE all pumped! NVDA was the laggard in big Tech last week. GDP was up a bit. PCE inflation increased and the Fed left rates unchanged. Oil prices continued to climb higher though. April saw a better than 10% increase in the S&P500 and Nasdaq! We have yet to see the DOW catch up to new all time highs, like the other indexes. Another big earnings week ahead S&P 500 closes at a new record to usher in May as oil prices cool and Apple rises Nasdaq Smashes 25,000 Barrier in Historic First U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war The week ahead: Jobs on Fri 4th big week of Earnings - Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate - up slightly to 4.30% The Dollar - down slightly to 98.21 Gold - pulled...