Despite a promising start to the trading day, major US stock indexes weakened, marking a continued decline amid tech sector struggles and mixed global economic signals.

In a day marked by conflicting signals, the stock market had a mixed response as Federal Reserve Chair Jerome Powell indicated a continued high-interest rate environment, causing the S&P 500 to edge lower. Despite

Wall Street ended Tuesday with mixed sentiments as investors anxiously awaited the upcoming US inflation report.

In a day of cautious trading, the stock market showed mixed results with the S&P 500 closing nearly unchanged, reflecting the investors’ hesitation.

In a volatile trading session, US stocks staged a comeback on Friday, with the major indices recovering from steep losses in the previous session.

As the curtain draws on March, the stock market has hit a gentle pause, with the S&P 500 marking its third consecutive session in the red. This cooling off comes after a series of record highs last Thursday, demonstrating a market that, while resilient, is not immune to fluctuations.

In a remarkable turn of events that defied the usual market volatility, the Dow Jones Industrial Average, alongside the S&P 500 and Nasdaq, soared to all-time highs, lifted by the Federal Reserve’s latest policy. Wednesday’s rally came on the heels of the Fed’s decision to maintain interest rates at a 23-year peak while projecting three rate cuts by the end of 2024, sparking a wave of optimism across major market indices.

As the Federal Reserve kicked off its two-day policy meeting, Wall Street’s major indexes climbed higher, with the Dow Jones Industrial Average leading the charge. While investors braced for the central bank’s interest rate decision, chipmaker Nvidia’s unveiling of its latest AI offering further fuelled excitement in the growing artificial intelligence sector.

The Dow Jones Industrial Average modestly climbed, while the S&P 500 and Nasdaq Composite posted notable gains, breaking a losing streak and igniting optimism across Wall Street.

In a noticeable step back from their recent highs, both the S&P 500 and the Nasdaq Composite took a step back on Wednesday, indicating a decreasing enthusiasm in the tech sector, particularly marked by a decline in Nvidia shares.

The Dow Jones Industrial Average and the S&P 500 reached new heights, lifted by a confluence of favourable inflation data and robust performances from technology giants such as Nvidia and Meta Platforms.

This past week, the stock market experienced a notable shift in momentum, transitioning from its recent highs to a more passive stance.