United States
The S&P 500 (^GSPC) closed the week at $7,443.28, down 1.33% from the prior week and trading within a range of $7,431.26 to $7,581.50. The Nasdaq (^IXIC) recorded a steeper decline, falling 2.29% to $25,508.07, with a weekly range of $25,250.63 to $26,316.81. The Dow Jones (^DJI) slipped 1.27% to $51,839.26. The Russell 2000 (^RUT) proved more resilient, declining just 0.54% to $2,948.78, suggesting a flight to larger-cap securities during the week's broader selloff.
Technology stocks bore the brunt of selling pressure. AMD (AMD) posted the week's steepest loss among major names, dropping 8.13% to $503.57, while Netflix (NFLX) fell 8.06% to $67.60. Tesla (TSLA) declined 6.72% to $369.57, and Goldman Sachs (GS) shed 7.40% to $1,055.66. Microsoft (MSFT) bucked the trend, climbing 4.51% to $402.29, standing as the week's notable outperformer among large-cap names.
Italy
The FTSE MIB (FTSEMIB.MI) declined 1.89% on the week to €51,862.79, with a range of €51,554.00 to €53,006.00. STMicroelectronics (STMMI.MI) suffered the steepest drop among Italian equities, falling 10.50% to €54.89. Enel (ENEL.MI) slid 3.70% to €9.90, and Leonardo (LDO.MI) fell 2.15% to €49.90. Moncler (MONC.MI) outperformed the broader index, gaining 3.77% to €52.28.
Week ahead
The calendar ahead carries standard economic data releases and corporate earnings announcements. Investors will monitor key macroeconomic indicators mid-week alongside continued quarterly results from select firms across technology and finance sectors.