S&P 500 closes at the highs as last week’s big drop is erased

S&P 500 closes at the highs as last week’s big drop is erased

SPX weekly chart June 24

On the day:

  • S&P 500 3.0%
  • Nasdaq +3.2%
  • Russell 2000+3.0%
  • DJIA +2.6%

On the week:

  • S&P 500 +6.4%
  • Nasdaq +7.5%
  • DJIA +5.4%

Last week was the worst one for US stocks since March 2020 but this week all those declines were wiped out.

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