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Gains for tech and a cool-off in oil prices helped propel both the S&P and Nasdaq to more record highs on Friday. The Dow closed lower on the day, but each of the major indices did score a winning week.
New developments in the war with Iran, both in the Middle East and back here at home, continue to come out rapidly. For the very latest news on the conflict, and the impacts, updates can be found here.
Over the course of just two months, Wall Street took one of the wildest rides in its recent history. March's swoon did lots of damage, but then came April's boom. In this report, the month's biggest winners.
In what was likely the last vote under the leadership of Jerome Powell, the Fed, as expected, left rates on hold. What wasn't so expected, the sharp level of dissent in the vote or what Powell plans to do next.
The Fed's most preferred inflation gauge backed up the central bank's decision to keep rates on hold. The latest PCE shows that in March overall yearly inflation had gained by the most in nearly three years.
The incoming week will again be packed with news beyond the war. Big names in the semiconductor sector will report Q1 earnings, the latest jobs report lands on Friday, as does a new sentiment survey.
Investment advisory services offered through Integrated Advisors Network LLC, a Registered Investment Advisor