The stock market rebounded last week with the Nasdaq breaking its losing streak and the S & P 500 rising. The Supreme Court struck down Trump’s tariffs, affecting companies like Nike and Amazon. Big tech stocks like Meta, Nvidia, and Amazon performed well, while private credit concerns at Blue Owl Capital caused volatility in financial names.
Meta Platforms, Nvidia, and Amazon helped boost the tech-heavy Nasdaq, which ended the week 1.9% higher. The S & P 500 also rose 1.1%, snapping a two-week skid. The Supreme Court’s ruling against Trump’s tariffs on Friday lifted shares of consumer-facing companies. Private credit concerns at Blue Owl Capital caused volatility in financial names.
The Supreme Court ruled against Trump’s tariffs, impacting companies like Nike and Amazon. Big tech stocks like Meta, Nvidia, and Amazon saw gains. Private credit concerns at Blue Owl Capital caused volatility in financial names. The stock market rebounded last week, with the Nasdaq and S & P 500 both rising.
Private credit concerns at Blue Owl Capital led to volatility in financial names, with shares dropping nearly 6% on Thursday. The Supreme Court ruling against Trump’s tariffs impacted consumer-facing companies. Big tech stocks like Meta, Nvidia, and Amazon performed well. The stock market rebounded, with the Nasdaq and S & P 500 both rising.
Read more at CNBC: 3 forces that drove the stock market during Wall Street’s comeback week
