10. Weekly Market Recap: Key Movements & Insights

📊 Record Highs on Wall Street: Netflix Boosts S&P 500 and Nasdaq 📈

Wall Street celebrated another banner week as stocks climbed to fresh highs, buoyed by a wave of upbeat earnings reports and encouraging economic indicators. The rally was particularly energized by stellar performances in the semiconductor sector, alleviating fears of an impending recession.

Sector Spotlight

Distribution services, finance, and utilities emerged as the week's top performers, while consumer durables, energy minerals, and health services lagged. This sector rotation highlights the market's evolving sentiment and investors' shifting focus.

Key Earnings Highlights

1. Netflix (NFLX): The streaming giant exceeded expectations, reporting robust subscriber growth and improved profitability. This performance reaffirms Netflix's dominance in the competitive streaming landscape.

2. Taiwan Semiconductor (TSM): TSM posted strong quarterly results, beating analyst estimates on both revenue and earnings. The company's optimistic outlook for chip demand bolstered the entire semiconductor sector.

3. …