Wendy's Weekly STOCK MARKET Report

 

FINANCIAL STOCK MARKET  WEEK:  October 16, 2023


Wall Street closed last week with mixed results.

The Nasdaq and the Russell 2000 closed lower, while the Dow, the S&P 500, and the Global Dow edged higher.

Several big banks kicked off third-quarter earnings season with upbeat returns, which helped quell concerns over the developments in the Middle East.

Wall Street saw stocks close higher last Monday despite the conflict in the Middle East. Crude oil prices jumped higher on fears that some oil-producing countries could be pulled into the conflict.

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