Author: Peter Barnes

Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

For the week ending July 27, the Dow Jones Industrial Average gained 1.6% and closed at 25,451.06, while the S&P 500 rose 0.61% to 2,818.82.

Even though broader markets remained flat last week, US financials rose due to strong earnings growth from leading banks.

Morgan Stanley (MS) rose 2.10% followed by Goldman Sachs (GS) and U.S. Bancorp (USB). Wells Fargo (WFC) was the biggest loss at 0.95%.

Last week, financials posted modest gains despite the surge in broader markets. The S&P Financials Index rose 0.33%.

US stocks finished lower last week. Increasing trade tensions between the US and its trading partners left investors feeling jittery.

US stocks traded lower last week as trade tensions between the United States and its major trade partners lingered, which weighed on the market.

US stocks closed the week ending on June 15 with a mixed performance. Investors ignored the concerns about a trade war between the US and China.

US stocks moved higher last week in the shadow of the G7 meeting amid concerns about deteriorating trade talks.

Following an upbeat unemployment report, benchmark indices rose on Friday. The rise helped recover some of the losses from earlier in the week.

The S&P 500 Index (SPY) gained 0.31% and closed at 2,721.33, while the Dow Jones Industrial Average (DIA) rose 0.15% to 24,753.09.