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U.S. stock market close | The Federal Reserve hints that it may take action! The Nasdaq rises over 2% leading the three major indices, NVIDIA gained nearly 18% for the week.
The S&P had its best weekly performance of 2023; Apple rose over 4%, NVIDIA increased nearly 18% for the week; JPMorgan rose 4%; Texas Instruments fell nearly 6%. The ten-year U.S. Treasury bonds had their worst weekly performance since 2001. The USD saw its largest weekly drop in over two years; in intraday trading, the Swiss franc rose nearly 2% to a ten-year high; offshore yuan briefly broke 7.29, surging over a thousand points in three days. Spot Gold increased over 8% in three days.
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