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The 3 things that will influence the stock market in the most consequential week of the year

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Club Week In Review Nyheter

Jim Cramer,Investment Strategy,Markets

The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs.

In a heavy week of tech earnings, the Nasdaq lost 1.5% and broke a seven-week winning streak. The Nasdaq on Tuesday posted a record-high close of 18,712. The index finished 2.5% below Tuesday's high. Advanced Micro Devices lost another 9.2% this week after the company reported a solid third quarter that was overshadowed by investors wanting to see faster growth in its artificial intelligence chip business. Apple and Microsoft fell more than 3.7% and 4.

Specialist traders work inside a post on the floor at the New York Stock Exchange in New York City, U.S., October 23, 2024.

 

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