Hope you had a restful weekend.
The market pullback continued last week with the major indexes falling between 2–3%. The big tech stocks that had been leading the rally are pulling back the most – raising questions as to which sector will power the...
Hope you had a good weekend.
Last week marked the continuation of the market’s (expected) pullback, with most indexes posting weekly losses. This was despite inflation data showing continued deceleration – and the likely end of the Fed’s hiking cycle.
But...
Last week was the first losing week for the markets in a month, with the S&P 500 falling 2.3%, the Nasdaq by 3%, and the Dow by 1.1%.
Most analysts blamed Fitch downgrading the US credit rating – combined with a softening jobs report...
The Fed raised interest rates by 0.25% last week, as widely predicted, with Powell doing his best to leave the door open for future rate hikes in his post-meeting statements.
While markets didn’t move much immediately following the announcement on Wednesday, they pulled back...
It was a largely flat week for the market last week.
While the Dow has gone on a win streak not seen in over five years, both the Nasdaq and S&P 500 finished relatively flat.
This is not something to worry...