
Consumer confidence and new home sales weighed on the market last week, while GDP came in largely in line with expectations. The S&P 500 ($SPX) (SPY) ended the week own just 0.68% despite a reasonably large drop on Thursday. Tesla (TSLA) was +2.18% and Palantir Technologies (PLTR) rallied after being awarded a new $250 million Army contract. Apple (AAPL) continued its recent struggles and was down 2.05% for the week.
We’ll see some key data releases this week as well as some potentially market-moving news. Here are 5 things to watch in the market this week.