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U.S Stock Market Adds Nearly $1 Trillion as S&P 500 Nears Record High

Published by
Nidhi Kolhapur

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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Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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