October 25, 2024
Positive earnings reports ended the S&P 500's losing streak.
- The S&P 500, currently at $5,809, ended a three-day losing streak on the back of positive earnings reports, although it was down 0.54% for the week.
- Oil rose 1.59% to $70.29 amid heightened tensions in the Middle East, prompting increased demand and trader concern.
- The European Central Bank (ECB) is divided on monetary policy as inflation nears the 2% mark: some favor rate cuts, while others support continuing to prioritize controlling inflation.
