Stock Market On Fire: 3 Must-Watch Stock Picks for the Week | TSLA, AMD, MULN
U.S. stocks saw their first significant rally of 2023 on Friday, ending the week higher, following the release of December employment data which showed a slowdown in wage growth. Investors interpreted this as a potential indication that Federal Reserve officials may slow their rate-hiking efforts.
The S&P 500 jumped 2.3%, while the Dow Jones Industrial Average added 700 points or 2.1%. The technology-heavy Nasdaq Composite surged 2.6%. All three major averages were on pace to end the week with losses before Friday's gains.
In this video, we will discuss the important events for the markets this week, analyze last week's performance, and speak about five trending stocks. At the end of the video, you will find 3 ideas for your watchlist.
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