What Happened in the Financial Markets?

The capital market closed a week of gains following the release of weaker than expected employment data, which boosted expectations for a potential interest rate cut.

• S&P 500 rose by 0.31%

• Nasdaq closed with a gain of 0.91%

• Dow Jones increased by 0.50%

The 10-year bond yields climbed by 2.99% to 4.14%.

Sector Performance

Technology: Outperformed the market, rising by 2.44% over the past week.

Utilities: This sector yielded the lowest return, falling by 4.45%.