This Week on Wall Street
Your weekly cheat sheet — what's moving markets, what's coming up, and what it means for your portfolio. No jargon, just clarity.
This Week in Markets
Wall Street roared back to start the week, with the Nasdaq Composite jumping 2.3% to a record 27,122.09 as chipmakers and AI-linked names led a broad rally, while the S&P 500 climbed 1.5% to 7,764.70 and the Dow gained 0.7% to 52,048.83. Sentiment improved as WTI crude tumbled roughly 4.3% to $92.00 after President Trump signaled openness to meeting Iran's president, unwinding geopolitical risk premiums, while the 10-year Treasury yield eased to 4.95% as the market looked past last week's hawkish Fed hike. Communication Services and Technology led all sectors on AI optimism ahead of this week's Trump-Xi summit, while Energy and Consumer Staples lagged as falling oil prices pressured drillers. The VIX slipped to 14.80 and the CNN Fear & Greed Index ticked up to 34 (Fear), still cautious but improving from Friday's reading. Attention now turns to Wednesday's S&P Global flash PMIs and General Mills earnings, followed by Costco and Nike earnings Thursday and Friday's durable goods orders, final Q2 GDP, and PCE inflation data.