S&P 500 and Nasdaq on Track to Break Three-Week Winning Run After Market Volatility

S&P 500 and Nasdaq on Track to Break Three-Week Winning Run After Market Volatility

GeokHub

GeokHub

Contributing Writer

1 min read
1.0x

U.S. stock indexes looked set to close lower this week, with both the S&P 500 and Nasdaq on course to snap a three-week streak of gains. The decline comes after a period of turbulence in global markets, driven by shifting investor sentiment and concerns over economic policy.

Analysts say rising bond yields, mixed corporate earnings, and uncertainty around the Federal Reserve’s next moves have weighed on equities. Technology shares, which had fueled much of the recent rally, saw renewed pressure as investors reassessed valuations.

Despite the setback, market watchers note that the broader outlook remains resilient, with U.S. stocks still holding on to strong year-to-date gains. The coming weeks are expected to bring more clarity as traders focus on inflation data, interest rate signals, and earnings reports from major firms.

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