S&P 500 and Nasdaq post weekly gains but face mixed technical signals ahead of next week’s trading.
The S&P 500 and Nasdaq closed higher Friday, capping a positive week with gains of 0.70% and 1.00%, respectively. The S&P 500 rose 1.05% for the week, while the Nasdaq climbed 1.59%, pushing both indices near their weekly highs.
The Dow Jones Industrial Average added 0.53%, closing at 52,491.26, while the Russell 2000 slipped 0.50%. Despite the rally, technical indicators remain mixed, with the S&P 500 showing a marginally bullish bias and the Nasdaq still leaning bearish.
Key resistance levels will determine whether buyers can sustain momentum or if sellers regain control in the coming week.