Stock Markets Pause, But Year Still Strong

US stock markets experienced a minor setback this week, with the S&P 500 dipping by 0.3% and the Dow Jones Industrial Average falling by 215 points. Despite this, the market remains close to its all-time high. Berkshire Hathaway saw a decline after leadership changes, while Warner Bros. Discovery stock surged following a buyout offer from Paramount Global. The S&P 500 is up over 16% this year, and the Nasdaq composite has seen an impressive gain of nearly 22%. Investors will monitor upcoming economic reports and corporate earnings for continued positive momentum.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.