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    U.S. Stock Market Sees Modest Losses Last Week


    Last week saw U.S. stocks take a slight dip, with the Dow Jones Industrial Average falling 3%, the S&P 500 index dropping 2.7%, the Nasdaq composite sinking 3.3%, and the small-cap Russell 2000 slumping 2.9%.[0] This marked the fourth straight week of losses for the Dow and the first time the S&P 500 has recorded two consecutive weeks of losses since December.

    The Fed tightening forecasts are rising in the wake of the market's losses, with the CME Group's FedWatch indicating a 30bp hike in March, including a 20% chance of a 50 basis point hike. The market also expects a 25 basis point hike in May and a 72% chance of a similar hike in June.[1]

    At the close of trading on Friday, the Dow rose 0.39%, but was down 0.13% for the week.[2] The S&P 500 fell 0.28%, the Nasdaq Composite dropped 0.58%, and the Nasdaq 100 slid 111.25 points.[3] The S&P 500 is currently flat month-to-date, providing some optimism for bulls.

    Overall, the U.S. stock market saw modest losses last week, with the Dow, S&P 500, and Nasdaq all registering losses. With the Fed tightening forecasts on the rise, traders will be carefully monitoring the market to see how it reacts in the coming weeks.

    0. “Dow Jones, Nasdaq, S&P 500 weekly preview: Stocks are overvalued – analysts By”, 21 Feb. 2023,–analysts-3009072

    1. “Dow Jones, Nasdaq, S&P 500 weekly preview: Fed tightening forecasts are inching up By”, 27 Feb. 2023,

    2. “CNBC Daily Open: Growth stocks look hot but investors should be cautious” CNBC, 20 Feb. 2023,

    3. “Futures Suggests Wall Street To Open In Negative Zone” RTTNews, 24 Feb. 2023,

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