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The stock market rally is in its most fragile state in months ahead of Wall Street's busiest week of the summer.
The S&P 500 (GSPC) and Nasdaq Composite (^IXIC) recently had their worst single-day drops since 2022 as the indexes struggled to recover losses during a Friday rally. All three major averages closed the final full week of July lower. The S&P 500 was down more than 1%, while the Nasdaq fell over 2.3%. Meanwhile, the Dow Jones Industrial Average (DJI) rose about 0.6%.
In the week ahea...
>>> Read more: Big Tech earnings, a Fed meeting, and the July jobs report: What to know this week
The S&P 500 (GSPC) and Nasdaq Composite (^IXIC) recently had their worst single-day drops since 2022 as the indexes struggled to recover losses during a Friday rally. All three major averages closed the final full week of July lower. The S&P 500 was down more than 1%, while the Nasdaq fell over 2.3%. Meanwhile, the Dow Jones Industrial Average (DJI) rose about 0.6%.
In the week ahea...
>>> Read more: Big Tech earnings, a Fed meeting, and the July jobs report: What to know this week