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U.S Stock Market Adds Nearly $1 Trillion as S&P 500 Nears Record High
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
U.S. stocks added nearly $1 trillion in market value this week, with the Nasdaq 100 rising 1.69% and the S&P 500 gaining 1.24%, according to the source. The rally followed weaker-than-expected U.S. jobs data, which reduced expectations of higher interest rates and lifted technology shares. The S&P 500 is now about 0.5% below its record high. Investors will focus on next week’s inflation data and Federal Reserve commentary for clues on interest rate policy.
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