The Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, and sETF have been posted on the "Rankings", and "Trading Logs" pages.
Stocks closed higher snapping a multi-week losing streak. Investors were pleased with the Fed Chair's dovish tone about the impact of the tariffs and his view that most measures of longer-term expectations still remain consistent with the central bank’s 2% inflation target. For the week, the S&P 500 increased by 0.51%, closing at 5667. The Dow Jones Industrial Average climbed 1.2%, and the Nasdaq Composite went up 0.17%.
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| The weekly chart of the S&P 500 index |
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