Mar 23, 04:05 PM

S&P 500 Gains 0.5% Amid Tariff Uncertainty, Breaking Four-Week Losing Streak; Key Stocks Include $SPOT, $RBRK, $NFLX, $OKTA, $MELI

The S&P 500 index concluded last week with a modest gain of 0.5%, breaking a four-week losing streak. This positive movement was attributed to an upside reversal on Friday, coinciding with remarks from former President Donald Trump, who indicated a potential 'flexibility' regarding upcoming tariffs. Despite the brief rally, the index remains below its 200-day moving average, highlighting ongoing concerns about economic data and tariff uncertainties. The Federal Reserve's recent meeting provided temporary relief to the markets, but volatility persists as investors continue to monitor the economic landscape. Key stocks mentioned include Spotify ($SPOT), Roku ($RBRK), Netflix ($NFLX), Okta ($OKTA), and Mercado Libre ($MELI).