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Published on 22 Mar 2024 on Benzinga

Stocks Level Off, S&P 500 Nears Best Week Of 2024, NVIDIA Rallies For 11th Week, Bitcoin Sinks:...

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Stocks slightly retreated during New York’s morning session on Friday, following another robust week of gains fueled by a dovish Federal Reserve meeting, which underscored Chair Jerome Powell‘s readiness to initiate interest rate cuts this year.

The S&P 500 remained flat for the day but boasted a 2.3% increase for the week, marking its most significant weekly gains since December 2023, holding above 5,200 points.

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NYSE.XLI price evolution
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