
US stocks fell as investors worried about the impact of hot inflation data on the Federal Reserve's interest rate decisions. Wall Street's main indexes closed lower, with tech stocks leading the decline, resulting in a second consecutive weekly loss. The S&P 500 experienced a back-to-back weekly decline, with a minimal decrease. The market saw a two-week losing streak with gentle declines, a rare occurrence since 1970. Major indices like the Dow, S&P 500, and Nasdaq ended the week down, along with the Russell 2000 and VIX. The S&P 500 has had a remarkable 96-day period without a 2%+ pullback. Despite recent declines, the S&P 500 had a strong 20-week stretch, posting gains of 24%. Investors were cautious ahead of the Federal Reserve's upcoming policy meeting.





Weekend markets update: #DAX 17983.2 -0.03% #DOW 38698.7 -0.01% #NASDAQ 17807.7 -0.06% #FTSE 7743.1 +0.06% #HANGSENG 16704.6 +0.01% #GBPUSD 12730.4 -0.01% #EURUSD 10885.7 -0.02% #USDJPY 14908.7 +0.01% #IGWeekendMarkets
Weekend markets update: #DAX 17985 0.00% #DOW 38699 -0.01% #NASDAQ 17824 +0.03% #FTSE 7743 +0.07% #HANGSENG 16706 +0.02% #GBPUSD 12730 -0.03% #EURUSD 10886 -0.02% #USDJPY 14909 +0.01% #IGWeekendMarkets
Weekend markets update: #DAX 17988 +0.01% #DOW 38699 -0.01% #NASDAQ 17824 +0.03% #FTSE 7743 +0.07% #HANGSENG 16707 +0.02% #GBPUSD 12730 -0.04% #EURUSD 10886 -0.01% #USDJPY 14909 +0.01% #IGWeekendMarkets