What Happened This Week in the Financial Markets?

The stock market closed a week of gains against the backdrop of low retail sales data, which strengthened the likelihood of an interest rate cut in December.

• The S&P 500 rose by 3.73%.

• The Nasdaq closed with a gain of 4.91%.

• The Dow Jones increased by 3.18%.

• 10-Year Treasury Yields dropped by 1.08% to 4.01%.

Sector Performance
In terms of sectors, Consumer Discretionary outperformed, rising by 4.86% over the past week. Conversely, the Energy sector posted the lowest returns, rising by 1.15%.