This week's market recap reveals a mixed bag for investors. While the S&P 500 and Dow Jones Industrial Average experienced slight declines, the tech-heavy Nasdaq Composite continued its impressive climb, breaking the 20,000 mark for the first time. This surge was largely fueled by the stellar performance of semiconductor giant Broadcom (AVGO), whose market cap exceeded $1 trillion following strong earnings and optimistic projections for AI chip demand. Other notable highlights include: ● Rising Treasury yields put pressure on value and income stocks. ● Gold prices rallied above US$2,700 per ounce, reflecting its safe-haven appeal amid inflation concerns. ● Luxury retailer RH (RH) defied the economic slowdown, reporting increased net revenue and boosting investor confidence in consumer spending. Overall, the market exhibited caution, but the technology sector emerged as a clear winner, driven by strong earnings and persistent investor optimism.

Disclaimer: The information provided in this video is for educational purposes only and does not constitute financial or investment advice. The stock market involves risk, and past performance is not indicative of future results. Always do your own research and consult with a professional financial advisor before making any investment decisions. The creator is not responsible for any losses or damages resulting from actions based on this content.