Nasdaq up 7% on the week, S&P 500 solidifies 5-day win streak

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All three of the US stock market indexes (^DJI, ^IXIC, ^GSPC) close out Friday's session in positive territory, all ending the trading week with gains. The S&P 500 continues its win streak, pushing itself over 5% higher this week, while the Nasdaq Composite saw gains of over 7% for the last five trading days.

Market Domination Overtime host Josh Lipton and Yahoo Finance markets and data editor Jared Blikre look back at the sector and market action from this past week, including the moves in the bond market (^TYX, ^TNX, ^FVX).

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

00:00 Speaker A

That is the closing bell on Wall Street and now it's Market Domination Overtime. Still with me is Adam Johnson, Bullseye American Ingenuity Fund portfolio manager, and we're joined now by Jared Blickry to get you up to speed on the action from today's trade. First, let's see where the major averages ended up. I'll tell you where they ended up. They ended up in the green. We've got the Dow up more than 330 points. I've got the S&P 500, your broad gauge, tacks on seven tenths of a percent, and the tech heavy Nasdaq up half a percent. The Russell 2000, meanwhile, up about nine tenths of a percent. Yes, I know we got that consumer sentiment report this morning. It was weak, but looks like investors are willing to look right through that, concentrate instead on trade and tariffs, the US-China trade truce. We also had this report from the FT, the Financial Times, saying the US and the EU broke an impasse to enable tariff talks. Bottom line, green across all your popular averages today. Now over to Jared for a closer look at today's sector action.

01:43 Jared Blickry

Thank you, Josh. It is a bullish data and a bullish week. Here's the Dow. It is a laggard this week, but it's up eight tenths of 1% this this day. And let's check out the five day price action where we can see up 3.5%, basically. Nasdaq the leader up 7%. This is the third week out of six that the Nasdaq and the Nasdaq 100 have been up more than 6%. So just flying high here. Here's the S&P 500 up all five days this week, along with the Nasdaq, up about 5%, so tack that on. And let's take a look at the S&P 600, some small cap action. That is up 4.5%. Uh the bond market, we're going to talk about this Josh in about 30 minutes, but the bond market, the 30-year kissed 5.0%, but it declined today. Here's the intraday view right there. But that has some implications for risk markets if it goes above that. We're going to talk about that in a little bit. Let's just skip over to some heat maps and figure out what the sector action is telling us for the day. And uh healthcare has had a tough time this week. Not today. It is leading the pack. Call it a bounce back, call it what you want, but it is a leader, up 2%. After that, we have utilities, real estate, and staples. So if you're looking at the top four here, that is a defensive kind of setup, despite all the bullishness that we've had this week. Here's the five-day look, though. Tech in the pole position, that is up almost 8%, followed by consumer discretionary and industrials. All three of those outperforming. And let's get a five day look at the Nasdaq 100 as well. Look at that. Tesla up 17%, Nvidia up 16%. Best week in just a few weeks because we've been having a number of good weeks recently. And I'll give I'll close here on the Dow where we can see a lot of green. The only red spots, J&J 2% to the downside, United Health, 23%. That stock has been cut in half from its high one month ago. But aside from that, we're looking at some really bullish action in a broad swath of sectors here.