The stock market finished the week with mixed results. The week reflected a market balancing selective sector rotation against caution on policy and stretched valuations. There was some rotation out of the mega-caps and commentary from some members of the Fed chilled the expectations for a December rate-cut. The Dow Jones (+0.3%) and S&P 500 (+0.1%) ended slightly higher, while the Nasdaq (-0.5%), Russell 2000 (-1.8%), and S&P MidCap 400 (-1.2%) lagged.<\/p>\n\n\n\n
The health care (+3.9%) and energy (+2.5%) sectors led gains, while the consumer discretionary (-2.7%), communication services (-0.8%), and utilities (-1.2%) sectors underperformed. Despite early-week strength in mega-cap technology, the Vanguard Mega Cap Growth ETF managed only a 0.2% gain for the week, and the PHLX Semiconductor Index finished in negative territory (-2.0%).<\/p>\n\n\n\n
There was some optimism early in the week due to the end to the government shutdown which drove the market higher. AI-related and health care leaders like participated in the move. By the middle of the week the AI-related names started to struggle, meanwhile, the Dow Jones reached a record closing above 48,000, supported by the financials (+0.1%) and industrials (-0.9%) sectors. The S&P 500 Equal Weighted Index highlighted rotation beyond mega-cap growth, reflecting broader participation.<\/p>\n\n\n\n
Later in the week, hawkish Fed commentary from officials reduced odds of a December rate cut to almost 50\/50, pressuring growth oriented and high-beta stocks. Friday saw a partial rebound as chipmakers and other technology stocks stabilized, helping the S&P 500 and Nasdaq reclaim technical support above their 50-day moving averages.<\/p>\n","protected":false},"featured_media":15928,"template":"","categories":[479,666],"tags":[696],"class_list":["post-22532","opinion-article","type-opinion-article","status-publish","has-post-thumbnail","hentry","category-research-en","category-financial-analysis","tag-informe-semanal-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/opinion-article\/22532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/opinion-article"}],"about":[{"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/types\/opinion-article"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/media\/15928"}],"wp:attachment":[{"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/media?parent=22532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/categories?post=22532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/tags?post=22532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}