Weekly Market Overview:
April 14-18
The US stock market closed Monday's trading higher. At closing time on the New York Stock Exchange, the Dow Jones index rose 0.78%, the S&P 500 index rose 0.79%, and the NASDAQ Composite index rose 0.64%. Treasury 10-year yields decreased 13 basis points to 4.36%. Gold futures fell 0.56% to $3226. Crude oil Brent futures rose 0.19% to $64.88. All the 11 S&P sectors ended with the gain. Real Estate topped the gainers.
The US stock market closed Tuesday's trading lower. At closing time on the New York Stock Exchange, the Dow Jones index fell 0.38%, the S&P 500 index fell 0.17%, and the NASDAQ Composite index fell 0.05%. Treasury 10-year yields decreased 4 basis points to 4.32%. Gold futures rose 0.44% to $3240. Crude oil Brent futures fell 0.32% to $64.67. Of the 11 S&P sectors 7 ended in the red. Consumer Defensive was the weakest, while Financial topped the gainers.
The US stock market closed Wednesday's trading lower. At closing time on the New York Stock Exchange, the Dow Jones index fell 1.73%, the S&P 500 index fell 2.24%, and the NASDAQ Composite index fell 3.07%. Treasury 10-year yields decreased 4 basis points to 4.28%. Gold futures rose 3.27% to $3346. Crude oil Brent futures rose 1.82% to $65.85. Of the 11 S&P sectors 10 ended in the red. Technology was the weakest, while Energy topped the gainers.
The US stock market closed Thursday's trading with mixed results. At closing time on the New York Stock Exchange, the Dow Jones index fell 1.33%, the S&P 500 index rose 0.13%, and the NASDAQ Composite index fell 0.13%. Treasury 10-year yields increased 5 basis points to 4.33%. Gold futures fell 0.15% to $3341. Crude oil Brent futures rose 3.04% to $67.85. Of the 11 S&P sectors 2 ended in the red. Technology was the weakest, while Energy topped the gainers.
The US and UK stock markets were closed on Friday, on account of the Good Friday holiday.
Conclusion
In summary, the US stock market faced a turbulent week marked by shifting sentiment and heightened volatility. Early gains were quickly erased by midweek sell-offs, particularly in the Technology sector. Defensive plays like gold and Treasury bonds saw increased demand, highlighting investor caution. Energy emerged as a consistent outperformer, bucking broader market trends. As economic uncertainty persists, markets are likely to remain sensitive to data releases and sector-driven movements in the coming days.