Weekly Market Brief: Musk's trillion-dollar ambition, Expedia, GTA VI, and government shutdown
The week was marked by significant market fluctuations, debate over data centers, and excessive valuation of tech stocks, which impacted the weekly performance of all major indices, pushing them into the red. The S&P 500 was down 1.6% over the week, experiencing significant losses during early trading hours on Friday due to faltering tech stocks. The tech-heavy Nasdaq Composite suffered more and declined 3% this week. The Dow Jones Industrial Average recorded a 1.2% decline over 5 days, with the Russell ...