📉 TL;DR – The Week in 60 Seconds
Stocks slid again as investors digested a hotter Producer Price Index (PPI)* and a late-week risk-off mood. The inflation surprise cooled the “quick cuts” story, and traders leaned more defensive into month-end. Small caps and financials took the bigger hit, while safe-haven behavior quietly showed up underneath the surface.
Over the weekend, the U.S.-Israel-Iran conflict escalated sharply, pushing investors toward gold and setting up an “oil + inflation” volatility test for this week. This week is about whether inflation data and headline risk keep the risk-off mood in charge.
Quick Levels → Last week’s change
S&P 500: 6,878.89 | ↓0.44% Nasdaq 100: 24,960.04 | ↓0.21% Dow: 48,977.93 | ↓1.31% Russell 2000: 2,632.36 | ↓1.18% | Gold/oz: $5,386 | ↑3.33% Silver/oz: $95.31 | ↑10.84% Bitcoin: $65,222 | ↓2.76% U.S. Dollar Index (DXY): 97.65 | ↓0.15% |

🚀 Top Movers Last Week
Source: Myung J. Chun/Los Angeles Times
Circle Internet Group (CRCL) ↑32.40% — Fourth-quarter results beat; stablecoin* USDC circulation jumped, boosting reserve income and profit outlook.
Paramount Skydance (PSKY) ↑26.14% — Investors cheered its $110B Warner Bros. Discovery deal after Netflix walked away.
Netflix (NFLX) ↑22.33% — Shares jumped after dropping Warner bid, collecting a $2.8B breakup fee, and dodging debt.
IonQ (IONQ) ↑20.28% — Revenue beat and stronger 2026 outlook revived confidence in quantum computing’s growth path.
Block (XYZ) ↑19.69% — Announced 4,000+ job cuts tied to artificial intelligence; traders priced in higher margins.
Apollo Global Management (APO) ↓12.63% — Private-credit stress headlines hit alternative managers, and Apollo took collateral damage this week.


