U.S. Stocks Show Significant Rebound But Still Post Steep Weekly Losses
- U.S. Stocks experienced a significant rally on Friday, with the S&P 500 rising 2.1% and the Nasdaq climbing 2.6%, but still recorded a fourth straight weekly decline, marking its longest losing streak since August.
- China reported stronger factory data, with industrial output increasing nearly 6% year-over-year, while the property market continues to show weakness, with home prices falling.
- Ulta Beauty's stock surged 13.7% after reporting stronger profits than analysts expected, contributing positively to the overall market rebound.
- Consumers in the U.S. Are becoming increasingly uncertain due to ongoing tariff discussions, with a survey from the University of Michigan indicating rising worries among households.
82 Articles
82 Articles
S&P 500 Price Trend Flashes Warning Signals But This Expert Says 'Start Looking For A Buy Signal' After Last Week's Drawdown - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
The S&P 500's technical analysis points toward bearish trends, however, this analyst says that investors can start looking for buy signals.
Japan’s Nikkei Stock Average Ends Higher as Wall Street Surge Boosts Sentiment (UPDATE 1)
TOKYO, March 17 (Reuters) - Japan's Nikkei share average surged nearly 1% on Monday, fueled by widespread gains, as investor sentiment was lifted by a sharp rise in U.S. stocks at the end of last week.


Wall Street rally fails to salvage losing week
NEW YORK — U.S. stocks rallied to their best day in months Friday as Wall Street's roller coaster suddenly shot back upward. That still wasn't enough to keep the U.S. market from a fourth straight losing week, its longest such…
Stocks Rally but Can't Save the Week
US stocks rallied to their best day in months on Friday as Wall Street's roller coaster suddenly shot back upward. That still wasn't enough to keep the US market from a fourth straight losing week, though, its longest such streak since August. The Dow climbed 674.62 to 41,488....
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