Health Care and Crude Outperformed as Technology Stocks Fell This Week
Over the five trading sessions ended October 15, the SPDR S&P 500 ETF Trust slipped 0.28% and the Invesco QQQ Trust fell 2.62%, according to the report.
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Over the five trading sessions ended October 15, the SPDR S&P 500 ETF Trust slipped 0.28% and the Invesco QQQ Trust fell 2.62%, according to the report.
U.S. indexes finished the week with gains, while bitcoin moved up to around $82,300. The update also noted Treasury yields near 5.24% and WTI crude around $91.65.
A sharp reversal in crude oil handed U.S. equities a reprieve on Wednesday, with stocks grinding higher off six-week lows just hours before the Federal Reserve is expected to raise interest rates for the first time since 2023. The S&P 500 added 0.4% to 7,615.70, while the Dow Jones Industrial Average was effectively fl
U.S. stocks rose broadly after Fed Governor Christopher Waller signaled he could support leaving rates on hold this month, while traders pared September hike odds to about 50% from 70% earlier in the week.