S&P 500 Rises 1.1% Weekly Amid Gains in Microsoft and Amazon
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A volatile month for US equities ended on a higher note Friday, with the S&P 500 Index clocking a 1.1% weekly advance. Much of the comeback can be linked to gains in technology stocks on Thursday and Friday, particularly Microsoft and Amazon.
Sarah Hunt, Chief Market Strategist at Alpine Saxon Wood, noted the significant impact of these tech stocks on the overall market performance during the week.
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“A volatile month for US equities ended on a higher note Friday, with the S&P 500 Index clocking a 1.1% weekly advance.”
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