This week's news is mostly about companies' earnings and the economy, not cryptocurrencies! Big companies like Nvidia and Home Depot reported how much money they made. There's also important news about prices and how much things cost.
- Many companies showed good earnings growth, meaning they made more money than last year.
- The Dow Jones, S&P 500, and Nasdaq (all stock market indexes) had some ups and downs.
- Economists are watching inflation closely, hoping prices will stop rising so fast.
- Mortgage rates (the cost of a home loan) went down slightly.
| Item | Value |
|---|---|
| Dow Jones change (last week) | Down 2.5% |
| S&P 500 change (last week) | Down 1.7% |
| Expected PCE inflation (year-over-year) | 2.5% |
| Average 30-year mortgage rate | 6.85% |
