Stock Markets Relief Rally: Dow Jones (DJIA) Breaks Higher, S&P Eyes the Highs

As trade tensions eased, US markets continued to rise this week, with the Dow Jones up almost 2% and the Nasdaq up 7%.

U.S. Stocks End Week on a High as Buying Pressure Builds

Quick overview

  • U.S. markets experienced significant gains this week, with the Nasdaq rising 7% and the Dow Jones up nearly 2%.
  • The S&P 500 maintained a strong upward trend, achieving gains in every session and only one negative day since April 21.
  • Easing trade tensions between the U.S. and China have bolstered investor confidence, leading to a bullish breakout for the Dow Jones above key technical levels.
  • Overall market sentiment remains positive, with strong performances from tech, consumer sectors, and small-cap stocks indicating a growing appetite for risk.

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As trade tensions eased, US markets continued to rise this week, with the Dow Jones up almost 2% and the Nasdaq up 7%.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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