Nasdaq Composite, S&P 500 outlook: top news for the week

The S&P 500 and the Nasdaq Composite continued their rally last week as the earning season and after the US published weak nonfarm payrolls (NFP), which lowered odds of future interest rate hikes. IXIC jumped to 26,690, its highest level since June 16, while the SPX hit a record high of 7,794 points.