The S&P 500 rose on Friday, contributing to strong weekly gains, with major tech names like Alphabet, Tesla, Nvidia, and Meta Platforms performing well. The Nasdaq Composite also ended higher, while the Dow Jones Industrial Average lagged but managed to close higher. Overall, the major averages saw positive returns for the week, with the S&P 500, Nasdaq, and Dow all posting gains. However, the month-to-date performance showed a decline in the S&P 500 and Dow but slight gains for Nasdaq. Recent volatility in the market has been driven by uncertainty around President Trump’s tariffs, with mixed messages from both the U.S. and China contributing to the confusion. Despite this, some analysts, like Jay Hatfield, believe that the worst of the tariff-induced uncertainty may be behind us. Looking ahead, upcoming earnings reports from big companies like Microsoft and Amazon will likely be a key driver for the market next week. Overall, investors continue to navigate a complex global trade landscape while keeping an eye on tech stocks and upcoming earnings announcements.
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