The Strength of the Market is: Strong
- hyggeadvisors
- Oct 27
- 1 min read
U.S. stocks hit new highs on Friday as cooler-than-expected inflation data created investor optimism that the Federal Reserve will stay on its interest rate-cutting path. Lower interest rates hope to boost the U.S. economy. Last week, stocks rose for the second week in a row - the S&P 500, Dow Jones and Nasdaq were each up roughly 2% for the week. So far in 2025, the S&P 500 is up 15% and the Nasdaq is up 20%.
Economic reports from last week came back mixed:
•Existing Home Sales - in-line with expectation
•Consumer Sentiment - lower than expectation
•Inflation (Consumer) - lower than expectation
•New Home Sales - unreported*
•Jobless Claims - unreported*
*unreported due to government shutdown
This week, investors will look for guidance from economic reports like Housing, Manufacturing, Consumer Confidence, Personal Income, Gross Domestic Product and Jobless Claims.
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