US Stocks Mixed Amid Economic Uncertainty

US stocks didn't move much on Friday, ending the week with small losses.

Healthcare stocks fell, but chipmakers did well.

Big banks reported good results, but their stocks were affected by worries about new rules on credit card interest rates.

Investors are waiting to see how other companies do during earnings season.

The market was also quiet because of the long weekend.

Some investors moved money from big tech stocks to smaller companies, and the small-cap Russell 2000 index reached a new high.

The US economy had a rocky start in 2025 with a contraction in the first quarter, but it grew in the following quarters.

The trade deficit widened, and unemployment slightly increased.

Inflation was a bit higher than the Federal Reserve's target.

The S&P 500 and other major indices have had good returns over the year, but there are concerns about the sustainability of these gains, especially with high valuations and potential economic challenges ahead.