Another Topsy-Turvy Week For Markets As Risks Abound

Markets were once again all over the place through the week, as Wall Street on Thursday put in a mixed finish, as a slide in Tesla and chip stocks countered a soft June jobs report that dented Federal Reserve rate hike expectations. Yet despite the conflicted trading, U.S. stocks ended the holiday-shortened week with gains ahead of the Independence Day weekend. The benchmark S&P 500 index shed 0.1% to end at 7,483.24 points, while the tech-heavy NASDAQ Composite declined 0.8% to close at 25,832.67 points. The blue-chip Dow Jones Industrial Average surged 1.1% to settle at a record 52,900.07 points, signalling […]