Fresh clarity around the Fed’s plan for monetary policy helped boost investor sentiment last week, despite unresolved Russia-Ukraine tension, setting the major indices up to close their best week since November 2020. The Dow rose 5.5%, the Nasdaq spiked 8.1%, and the S&P 500 surged 6.1%, making...
Markets surged last week while processing persisting geopolitical tension and a long-anticipated Fed rate hike. Gains were widespread across the major averages. The Dow rose 5.5%, the S&P 500 rose 6.2%, and the Nasdaq gained over 8%, marking last week the best week for stocks since November...
This morning, stocks declined in early trading but were well off their overnight lows as military tensions at the Russia – Ukraine border continued driving market volatility. These geopolitical tensions come to a market already under pressure from surging inflation and rate-hike expectations.
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