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Strength of the Market
a weekly blog on what's happening in Financial Markets
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The Strength of the Market is: Strong

Stocks rose last week with help from technology stocks like Facebook, who had its best week since 2024. Last week, the S&P 500 and Nasdaq were both up about 1%. The Dow Jones was down 1%. In the news, President Trump announced that the ceasefire between the US and Iran was over. Both sides carried out air attacks last week - toward the end of the week, President Trump said that Iran is looking to make a deal, again. Leaders from Qatar and Pakistan are, also, trying to bring the US and Iran back into negotiations.

  

Economic reports from last week came back mixed:

•Consumer Credit - lower than expectation

•Existing Home Sales - lower than expectation

•Jobless Claims - lower than expectation

 

This week, investors will look for guidance from economic reports like Small Business Optimism, Inflation, Manufacturing, Retail Sales, Housing, Consumer Sentiment and Jobless Claims.

 
 
 

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