Source: https://www.jhinvestments.com/weekly-market-recap#market-moving-news, https://www.marketwatch.com/investing/index/rut
Stocks retreated Friday as investors took profits in high-flying AI names following disappointing updates from Oracle and Broadcom.
Markets ended Thursday with a mixed tone as the S&P 500 and Dow closed at record highs, while tech stocks lagged following a disappointing report from Oracle.
Markets finished broadly higher Wednesday after the Federal Reserve delivered its third rate cut of the year and signaled a steady-hand approach going forward.
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