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๐Ÿ“Š Weekly Market Round-Up: Key Events Recap ๐Ÿ“‰ Equity Markets: ๐Ÿ”ป The S&P 500 and Nasdaq Composite fell by 1.0% and 1.6% respectively, while the Dow Jones Industrial Average rose slightly by 0.3%. ๐Ÿ’ก The tech sector experienced heightened volatility due to competition in AI technology. ๐Ÿ“Š Economic Indicators: ๐Ÿ‘ฅ U.S. job creation slowed, with non-farm payrolls increasing by 143,000 (vs. 170,000 expected). ๐Ÿ“‰ The unemployment rate dipped to 4.0%. ๐Ÿ’ธ Average hourly earnings climbed by 0.5%, reflecting ongoing wage growth. ๐Ÿฆ Central Bank Actions: ๐Ÿ’ฐ The Federal Reserve kept rates steady at 4.25%โ€“4.50% amid inflation concerns. ๐Ÿ‡ฌ๐Ÿ‡ง The Bank of England lowered its rate from 4.75% to 4.5%, marking its third cut in six months as economic worries persist. ๐Ÿช™ Commodity Markets: ๐Ÿ’ฐ Gold reached new highs, trading above $2,800 per ounce, as investors sought safe-haven assets. ๐Ÿช™ Cryptocurrency Developments: ๐Ÿ“‰ Bitcoin (BTC) hovered around $97,300, marking a 1.7% decline over the last 24 hours. ๐Ÿš€ Altcoins like Cardano (ADA) and Dogecoin (DOGE) fell by 4% amid anticipation of U.S. payroll data. ๐Ÿ“ˆ Stay ahead of the markets with NordFX. Learn More at https://nordfx.com

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