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The US stocks have closed the week with gains on the day.
The S&P and the Nasdaq remain lower on the week. The Dow and the small-cap Russell 2000 closed higher with the Russell 2000 the best performer on the rotation on hopes lower rates would help those companies going forward.
The final numbers are showing:
The small-cap Russell 2000 rose to 37.08 points or 1.67% at 2260.06.
For the trading week:
Next week is a huge week with Amazon, Apple, Meta Platforms, and Microsoft all scheduled to release earnings.
Today:
For a list of the other companies scheduled to release can be found HERE. Of course the Fed interest rate decision on Wednesday will also be a key event. The week will also end with the US jobs report on Friday (177K estimate with the unemployment rate at 4.1%).
This article was written by Greg Michalowski at www.forexlive.com.
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