Week of November 24: Market Snapshot
Last week, bullish market sentiment supported investors “buying the dip” throughout the week as buying pressures helped push the S&P 500 up 1.7%, despite dips throughout the week.
Nvidia's earnings report showed strong results. However, the stock traded down for the second quarter in a row following a positive post-earnings release, possibly indicating high expectations are weighing on investor enthusiasm.
The technology sector's performance was mixed, with semiconductors underperforming due to concerns about tighter export restrictions to China.