Weekly #SP500 Market Update (Mar 7–13)

Weekly #SP500 Market Update (Mar 7–13)

$SPY closed the week down -1.0%. Technology and communication services lagged, while energy and several defensive names held up better.

Top gainers

1. 🟢 $MU #MicronTechnology +15.1%
2. 🟢 $INTC #Intel +5.6%
3. 🟢 $CVX #Chevron +3.8%
4. 🟢 $XOM #ExxonMobil +3.5%
5. 🟢 $WMT #Walmart +2.3%
6. 🟢 $MRK #Merck +2.2%
7. 🟢 $ORCL #Oracle +1.5%
8. 🟢 $NVDA #NVIDIA +1.6%
9. 🟢 $GOOGL #Alphabet +1.3%
10. 🟢 $COST #Costco +1.0%
11. 🟢 $JNJ #JohnsonAndJohnson +0.7%
12. 🟢 $AMD #AdvancedMicroDevices +0.5%

Largest decliners

1. 🔴 $TSLA #Tesla -1.2%
2. 🔴 $AMZN #Amazon -2.4%
3. 🔴 $AVGO #Broadcom -2.4%
4. 🔴 $AAPL #Apple -2.7%
5. 🔴 $MSFT #Microsoft -3.2%
6. 🔴 $META #MetaPlatforms -4.7%

Takeaway:

Energy and select semiconductors showed relative strength, while mega-cap tech and communication services dragged on the index this week.

What sectors do you think will lead the market next?

#investing #stocks #stockmarket #finance #SP500