Broader Markets Close Mixed After Winning Week

From Nasdaq, Inc.:

Wall Street ran out of steam, with the S&P 500 finishing just below breakeven, snapping a six-day win streak. For the week, all three indexes managed healthy gains, with SPX jumping 1%. Microsoft’s workplace communications platform Teams suffered a worldwide outage in the early afternoon. Tech layoffs continued in January, totaling 23,000. Oil futures jumped on the day and week, with oil enjoying a 4.3% lift for its best performance since September. Gold prices fell today as all eyes remain on next week’s Federal Reserve meeting.



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