Weekly S&P 500 Update Apr 20-24

Weekly S&P 500 Update Apr 20-24

$SPY finished the week up 0.7%.

The strongest momentum came from semiconductors, with several major chip names leading the market:

$AMD #AdvancedMicroDevices +24.9%

$INTC #Intel +20.2%

$QCOM #Qualcomm +9.8%

$MU #Micron +8.8%

$NVDA #NVIDIA +3.4%

$AVGO #Broadcom +4.1%

Mega-cap tech was mixed but mostly positive:

$AMZN #Amazon +5.3%

$GOOGL #Alphabet +0.9%

$AAPL #Apple +0.4%

$MSFT #Microsoft +0.3%

The weakest areas were healthcare, financials, and selected consumer names:

$DHR #Danaher -8.9%

$MRK #Merck -6.1%

$TSLA #Tesla -5.9%

$AXP #AmericanExpress -5.6%

$NFLX #Netflix -5.2%

$ABBV #AbbVie -4.6%

$LLY #EliLilly -4.4%

Takeaway:

This was a narrow but powerful week for semiconductors. The broader index was positive, but sector rotation was very clear: chips carried the upside, while healthcare and parts of financials lagged.

#SP500 #SPY #StockMarket #Investing #Stocks #Semiconductors #TechStocks #Finance #Markets