
The Federal Reserve will hold its first policy meeting under new Chair Kevin Warsh next week.
The Nasdaq Composite sank by more than 1,000 points on Friday, pushing the week down 4.68 percent.
Lower bond yields and strong tech earnings drove further gains.
Both Target and Walmart reported strong quarterly results but offered a cloudy outlook.
The rallies come despite elevated bond yields and signs of an economic slowdown.
The 30-year Treasury bond yield rose above the key 5 percent level on May 15.
The company recently revealed a new end-to-end organization, aiming to build low-priced electric vehicles.
Robust tech earnings and strong job gains lifted markets.
ASCS is a fully integrated, end-to-end logistics service that lets businesses use Amazon’s supply chain to move, store, and deliver products.
Despite strong earnings numbers, Amazon, Microsoft, and Meta failed to win over investors.