Weekly Market Update (May 29, 2022)
HIGHLIGHTS
Stocks have swung this week. Technology stocks fell on Tuesday after a bounced back on Monday due to Social-media company Snap Inc. issued a profit warning from the digital advertising revenue.
MARKETS
| Nasdaq | 12,681.42 | +6.99% |
| S&P 500 | 4,158.23 | +5.88% |
| Dow | 33,212.97 | +5.12% |
| 10-Year | 2.74% | -12bps |
| SNAP | 15.58 | -30.66% |
*Data as of market close. 5-day change ending on Friday.