Market Snapshot – Week ending February 23rd

It was a bullish week for the stock market led by strong corporate earnings reports, most notably semiconductor maker Nvidia reported better than expected earnings and increased their guidance for the year. The stock, which was up 9% for the week, helped to lead the tech-heavy Nasdaq index to a gain of 1.4% for the week. All eleven of the S&P 500 sectors were positive for the week and both the S&P 500 and DJIA exceeded their recent record levels set just a few weeks ago.

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