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
Markets were closed for the weekend after Wall Street capped a volatile week with a broad Friday rally, as a tech rebound and easing yields lifted the Dow Jones 0.83% to 51,655.01, the S&P 500 0.59% to 7,811.54, and the Nasdaq Composite 0.64% to 27,366.17, leaving all three indexes higher for the week. Software stocks led the recovery from Thursday's semiconductor-led selloff, though chipmakers stayed under pressure, while Communication Services was the week's weakest sector after T-Mobile, AT&T, and Verizon tumbled on news of a SpaceX spectrum deal. The 10-year Treasury yield eased to roughly 5.24% and the VIX fell to 14.84, signaling calmer conditions after midweek's selloff, while WTI crude settled near $91.85 as geopolitical risk premium cooled. Delta Air Lines kicked off Q3 earnings season Friday morning, with a roughly 40% year-over-year jump in fuel costs weighing on the outlook even as premium travel demand held up. Markets now look ahead to next week's bank earnings from JPMorgan and Wells Fargo on Tuesday and the September CPI report on Wednesday for the next catalysts, with the Fear & Greed Index rebounding to a Neutral 55 as calmer yields and a stabilizing tech trade offset lingering AI-growth jitters.