📊 Weekly S&P 500 Market Recap (July 28 – August 1)

📊 Weekly S&P 500 Market Recap (July 28 – August 1)

The S&P 500 ($SPY) fell 2.5% this week amid broad-based weakness, especially in tech and consumer sectors.

🔼 Top Gainers:

• $META #Meta Platforms: +5.4%

• $ABBV #AbbVie: +3.6%

• $MSFT #Microsoft: +2.4%

• $WMT #Walmart: +1.2%

• $NVDA #NVIDIA: +0.7%

🔻 Notable Decliners:

• $AMZN #Amazon: -6.7%

• $LLY #Eli Lilly: -5.8%

• $AAPL #Apple: -5.0%

• $TSLA #Tesla: -3.9%

• $JPM #JPMorgan Chase: -3.0%

• $GOOGL #Alphabet: -2.0%

🔍 Key takeaway: Despite gains in select tech and healthcare names, market sentiment turned cautious as earnings and macro concerns weighed on performance.

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