Last week, Wall Street saw positive gains with the S&P 500 up 1.7%, the Dow Jones up 1.6%, and the Nasdaq Composite up 2.1%. Despite concerns of a regional banking crisis, the market recovered, closing with the S&P 500’s best week since August, according to MarketWatch. Regional bank stocks tumbled due to credit stress on Oct. 16, 2025, but rebounded the next day.
The U.S. government shutdown became the third-longest in history, as reported by CBS News. Trade tensions between the U.S. and China escalated, with President Trump announcing a 100% tariff on Chinese goods starting Nov. 1. However, Trump’s statement that the high tariffs were “not sustainable” brought some relief, as per Yahoo Finance.
In the ETF market, areas like Inverse Bitcoin, South Korea, Semiconductors, Advanced Micro Devices, and Clean Power saw gains last week. Inverse Bitcoin ETF BITI was up 7.5%, while the iShares MSCI South Korea ETF EWY rose 6.2%. Semiconductor ETF XSD gained 4.7%, and Roundhill AMD WeeklyPay ETF AMDW was up 4.5%. The SPDR S&P Kensho Clean Power ETF CNRG saw a 3.5% increase. These gains were driven by various factors such as AI fears, trade progress, and clean energy demand.
Read more at Nasdaq: 5 Best-Performing ETF Areas of Last Week
