Overview

• Nvidia's exceptional earnings report drove tech stocks higher, pushing the Nasdaq to new records.
• The S&P 500 had a small weekly gain, while the Dow Jones experienced its worst session in over a year.
• Mixed economic data and inflation fears influenced market sentiment, impacting non-tech sectors.
• Retailers report slowing consumer spending due to rising interest rates and inflation pressures.
• The SEC's approval of steps toward Ethereum ETFs hints at growing regulatory acceptance of cryptocurrencies.