Weekly Market Recap January 10th, 2025
This week, markets saw mixed results: the S&P 500 dipped nearly 1%, and the Nasdaq fell to 19,099 as AI and tech growth slowed, while Hong Kong’s index tumbled 4% on deflation fears in China.
Top performers included Constellation Energy (+18%), Micron Technology (+13%), and ARM Holdings (+7%), driven by acquisitions and strategic partnerships.
Meanwhile, 10-year Treasury yields hit 4.74%—their highest in 52 weeks—signaling strong economic data but a likely Fed pause on rate cuts.
Stay tuned as markets navigate these dynamic shifts!
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