S&P 500 Snapshot: Stocks Rally To Close Out Flat Week
The S&P 500 ended the week slightly lower despite a rally following positive jobs data. The index remains near record highs with strong technical momentum throughout the year.
Why it matters
Market performance indicators like the S&P 500 are critical benchmarks for the health of the US economy and investor sentiment.
S&P 500 Snapshot: Stocks Rally To Close Out Flat Week | Seeking Alpha
The S&P 500 ended fractionally lower for the week, down 0.27%. The index is currently sitting roughly 1% below its record close. The S&P 500 is currently up 12.81% year-to-date, while the S&P Equal Weight is up 9.47% year-to-date.
The S&P 500 wrapped up the week with a fractional loss of 0.3%, following a Jobs Friday rally. Here is a snapshot of the index from the past week:
Advisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.
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