Global Business Week: The Largest Company in Every Sector of the S&P 500
The state of Financial markets & Economies, Weekly Charts, Business Trends & Statistics
On Friday, Wall Street's benchmark S&P 500 (SP500) marked a three-week losing streak for the first time since mid-April. The tech-heavy Nasdaq Composite experienced an even steeper weekly decline, ending up in correction territory. Investor sentiment was dampened by a combination of disappointing quarterly reports from the "Magnificent 7" and a surprising shift in the monetary policy narrative.
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