A Broken Ceasefire, a Chip Comeback: Meta's Best Week Since 2024 Powers Stocks to New Highs
A broken Iran ceasefire rattled markets midweek, but Meta's best week since 2024 and a chip-equipment rally powered the S&P 500 and Nasdaq to new weekly gains while the Dow and small caps lagged. Next week: CPI, PPI, retail sales, and Q2 bank earnings kick off.