From Nasdaq, Inc.:

Market Overview:
Wall Street ended the week lower, snapping a nine-week win streak as bond yields rose due to strong jobs data. VIX fell but had its best weekly gain since October. Meanwhile, food delivery stock a top pick for traders this year, and there were more insights on STZ’s post-earnings bounce, COST bull notes, and PLTR’s downgrade.

5 Things to Know Today:
Apple faces its biggest antitrust risk in years as the U.S. Justice Department prepares to move in. The White House is withholding payments to three student-loan servicers, after discovery of untimely billing statements sent to 758,000 borrowers. And analyst warns that AI favorite is overhyped.

Oil Continues Climb for Day, Week:
Oil climbed 2.2% to finish the week at $73.81 a barrel, amid investor concerns about potential disruptions from Israel-Gaza conflict. Gold dropped 1.1% for the week due to a stronger-than-expected U.S. nonfarm payrolls report.



Read more: Stocks Snap 9-Week Win Streak to Start 2024