Volatility Grips Wall Street
Perhaps the brightest thing that happened this week is that we changed the header from a winter scene to a spring scene.
Perhaps the brightest thing that happened this week is that we changed the header from a winter scene to a spring scene.
The S&P 500 ends a difficult February with a 2.6% decline in inflation data.
For a short week punctuated by President’s Day, there was no shortage of news or volatility.
This was a complicated week for markets as economic data continues to remain hotter than expected.
Markets pulled back a little this week after the blowout jobs report last Friday.
It’s been quite a year so far. For the week, the S&P 500 and the Nasdaq look to finished convincingly higher. For the year, it’s been even more impressive.
It was an exceptionally busy week as earnings announcements took center stage.
While still positive for the year, markets gave back some of the recent gains in the face of continued uncertainty.
I was pleased when last week the markets rose.
December was neither kind to the markets nor to investors.