Wall Street Ends Week Mixed Amid Tech Volatility and Small-Cap Gains
Major indexes show varied performance with tech stocks fluctuating and small-caps leading gains, while key earnings reports loom.
- The S&P 500 and Nasdaq posted weekly losses despite Friday's gains, while the Dow ended positively for the week.
- Tech megacaps saw mixed results, with Meta and Tesla rising but Alphabet and others declining.
- Small-cap stocks outperformed, driven by cooling inflation and expectations of a potential Fed rate cut in September.
- Key earnings reports from major companies like Apple, Microsoft, and Amazon are expected to influence market direction next week.
- Notable performances included 3M's significant rise and Dexcom's sharp decline due to revised forecasts.