Dow Rallies Over 650 Points on Friday, But Can It Bounce Back After a Tough Week? Let's Discuss!
Stocks made a comeback on Friday after a rollercoaster week, with the S&P 500 up 2.13%, the Dow Jones gaining 1.65%, and the Nasdaq climbing 2.61%. Despite the day's gains, most indices still faced weekly losses, primarily due to ongoing concerns about market volatility tied to recent trade policies under President Trump.
Industrials are projected to have more upside potential despite being down 2% for the year, while analysts remain skeptical about semiconductor stocks holding up during a recession. Notably, Tesla is on track for a historic eighth consecutive week of losses, following significant decline earlier in the week. On a positive note, Rubrik’s shares soared nearly 28% after strong earnings, setting up for its best day ever. The market overall is still navigating uncertainty, with expectations that volatility will persist.