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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 40 min. at publisher
  • 📊 Quality Score:
  • News: 139%
  • Publisher: 72%

Club Week In Review News

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Nasdaq hits record high as major earnings from big tech loomStock market today: Nasdaq hits record high as major earnings from big tech loom
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Nasdaq closes higher after hitting record highs as tech jumpsStock Market Today: Nasdaq closes higher after hitting record highs as tech jumps
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500, Nasdaq buoyed by tech stocks; Netflix soars after resultsS&P 500, Nasdaq buoyed by tech stocks; Netflix soars after results
Source: Investingcom - 🏆 450. / 53 Read more »