Wall Street’s stock exchanges ended the week on a negative note, with the Dow Jones, S&P 500, and Nasdaq all experiencing significant declines. The S&P 500 and Dow fell 1.6% and 2.7% respectively, while the Nasdaq lost 0.5%. Oil prices rose by about 0.6% due to reports of a possible attack by Iran on Israel, contributing to market volatility.
On Friday evening, the Nasdaq continued to decline by 1.8%, while the Dow Jones and S&P 500 fell by about 1.4% and 1.6% respectively. Major banks saw a drop in their stock prices, further weighing down the market. JP Morgan bank reported positive first-quarter results with adjusted profit exceeding expectations, but concerns arose about smaller banks impacting their profits.
On Saturday, Wall Street experienced declines across major indices, with the Dow Jones, S&P 500, and Nasdaq falling by 1.2%, 1.5%, and
