A trader works on the floor of the New York Stock Exchange.
Source: NYSE
The S&P 500 reached new highs on Friday. This was because people felt good about President Donald Trump’s new plans.
The S&P 500 was steady after hitting a new high. The Nasdaq also stayed the same. The Dow Jones fell by 76 points, or 0.2%.
Many investors felt excited about Trump’s business plans. There were only threats about tariffs, not real actions.
All three major stock indexes are going up again after a drop in December. The S&P 500 and Nasdaq rose about 2% this week while the Dow increased by 2.2%.
Investors are waiting for big technology company earnings next week. They are also looking at the Federal Reserve meeting.
Vocabulary List:
- Indexes /ˈɪn.dɛk.sɪz/ (noun): An alphabetical list of topics or entries along with their corresponding locator.
- Excited /ɪkˈsaɪtɪd/ (adjective): Emotionally stirred or enthused.
- Tariffs /ˈtærɪf/ (noun): A tax or duty to be paid on a particular class of imports or exports.
- Investors /ɪnˈvɛstərz/ (noun): Individuals or entities that allocate capital with the expectation of a financial return.
- Earnings /ˈɜrnɪŋz/ (noun): Money obtained in return for labor or services.
- Steady /ˈstɛdi/ (adjective): Firm stable or not likely to change.
