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S&P 500, Nasdaq 100 Snap 5-Week Streak As Hot Inflation Prints Dent Tech Stocks

S&P 500 and Nasdaq 100 ended 5-week winning streak due to higher than expected inflation reports, raising concerns about Fed rate cuts. Treasury yields rose, impacting markets negatively. Tech, consumer discretionary, and real estate sectors were affected. Major indices and ETFs saw mixed performance this week, with energy and materials sectors performing the best while technology sector saw a decline.

XLB

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Magnificent 7 Stocks Trigger Concerns Of Market Overheat: Bubble Trouble?

Bank of America's Michael Hartnett's insights reveal common catalysts for market bubbles, including tech innovation and central bank easing. Historic parallels to current Magnificent Seven stocks show potential for future burst, with rising Treasury yields as a harbinger.

AAPL

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S&P Reclaims 5,000 As Disappointing Retail Sales Put Fed Cuts Back On Track, Small Caps Shine: What’s Driving Markets Thursday?

US stocks surge on strong earnings and speculation of Fed rate cuts. S&P 500 rebounds past 5000, Nasdaq 100 pauses. Small caps outperform. Tesla, Wells Fargo, and CBRE rally on positive news while Deer & Antero Resources shares drop. Other companies react to earnings.

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