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Monday, May 20, 2024

2 major market themes that could make or break stocks after this week’s rally

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Visitors around the Charging Bull statue near the New York Stock Exchange on June 29, 2023.

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Victor J. Blue | Bloomberg | Getty Images

Wall Street largely stumbled on Friday but still managed to post strong weekly gains. A powerful four-session winning streak that brought the Dow Industrials and the S&P 500 to all-time highs on Thursday was helped along by this week’s favorable update from the Federal Reserve. The Nasdaq, which was slightly higher on Friday, closed higher every day this week and finished at another record.

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