What Happened This Week in the Financial Markets?
The capital market closed a week of gains following the release of weaker-than-expected employment data, which boosted expectations for a potential interest rate cut.
Market Indices:
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S&P 500: Rose by 0.31%
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Nasdaq: Closed with a gain of 0.91%
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Dow Jones: Rose by 0.50%
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Bond Yields: 10-year bond yields rose by 2.99% to 4.14%
Sector Performance:
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Technology: Outperformed the market, rising by 2.44% over the past week.
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Utilities: Conversely, this sector yielded the lowest return, falling by 4.45%.