Gains in energy and technology sectors drove the S&P 500 to weekly advances as investors monitored SK Hynix’s market debut.
The S&P 500 closed the week higher, supported by gains in energy and technology stocks. The Dow added 0.2% on Friday, while the Nasdaq benefited from a technology-led rally in the prior session.
Investor focus shifted to SK Hynix, the South Korean memory chipmaker, as it made its market debut. The broader market saw modest gains, reflecting optimism in key sectors despite ongoing macroeconomic uncertainties.
Equities remained resilient amid mixed economic signals, with sector rotation contributing to the week’s positive performance.