The S 500 (SNPINDEX: ^GSPC) has been anything but predictable this year, rocking and rolling over interest movements and the AI hype, but the broad-market index dealt investors a big win last week.

The S 500 finished the week up 5.9% in response to strong quarterly earnings reports, signs the Federal Reserve could be done raising interest rates, and a jobs report that showed employment growth that was slow enough so that investors didn't fear further action from the Fed.

The rally extended well beyond the 500 large-cap stocks that make up the benchmark index, and some of the biggest winners were small and mid-cap stocks that are still down sharply from their pandemic-era peaks. One of those is Roku (NASDAQ: ROKU), the leading streaming distribution platform whose shares jumped 50.4% after the company smashed analyst estimates in its third-quarter earnings report.

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Source Fool.com