The stock market wrapped up another turbulent week with a mix of gains and losses, driven by rising oil prices and lingering uncertainties around corporate AI spending. The escalating conflict in the Middle East pushed oil prices higher, adding to market volatility. Investors are now looking ahead to next week, when the Federal Reserve will decide on interest rate adjustments.
About one-third of the companies in the S&P 500 Index are set to release their earnings reports next week, which could provide further clarity on corporate performance and AI infrastructure investments. The market remains cautious as it digests these developments.
The combination of geopolitical tensions and economic policy shifts continues to keep traders on edge, with no clear direction emerging as the week concluded.