Why the Stock Market's Friday Rally Lost Steam
Market Intelligence Analysis
AI-PoweredThe stock market experienced a minor rally on Friday, but ultimately returned to its pre-data release levels, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average showing minimal gains.
Market impact analysis based on neutral sentiment with 71% confidence.
Article Context
After all that, the stock market is pretty much back where it started Friday’s session. The S&P 500 was up 0.1%. The Nasdaq Composite was up nearly 0.2%. The Dow was up 68 points, or 0.1%. That’s about where the major indexes were trading prior to the September personal consumption expenditures price index and the University of Michigan’s December update on consumer sentiment and year-ahead inflation expectations.
Analysis and insights provided by AnalystMarkets AI.