The Dow Jones, S&P 500, and Nasdaq-100 all ended higher, but the Russell 2000 ended the week lower. Eight of the eleven S&P 500 sectors ended the week higher. The big banks kicked off their earnings this week, with JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) posing better-than-expected quarterly results. Exxon Mobil (XOM) shares closed higher after news of its $60B acquisition of Pioneer (PXD). The UAW strike marched on this week with its latest walk-out shutting down one of Ford’s (F) more important factories. Tune in to find out more about what to watch next week and the stock market today.
13 Oct 2023
SHARE