Last Week In ReviewLast week signs that inflation might be moderating as growth cooled helped stocks rally sharply over the holiday-shortened week, lifting the S&P 500 Index out of bear market territory. Nearly every sector in the index recorded substantial gains....
Last Week In ReviewThe Federal Reserve’s most aggressive rate hike since 1994 raised recession fears and sent stocks sharply lower for a consecutive week. Last week the S&P 500 Index recorded its worst weekly decline since March 2020 and entered a bear market,...
Last Week In ReviewLast week stocks finished with steep losses despite some early-week strength. The equities market turned south on Thursday afternoon, and the selling accelerated on Friday following the release of hotter-than-expected consumer price index (CPI) data...
Last Week In ReviewLast week stocks surrendered a portion of the previous week’s substantial gains as investors continued to question whether the Federal Reserve will be able to rein in inflation without causing a recession. Industrials shares outperformed, helped by...
A turbulent month for markets ended almost where they started, as global equities eked out a 0.12% return in May. The MSCI All-Country World Index is down 12.83%YTD and is off to its worst five-month start since MSCI included its Emerging Markets category in 1998. In...