Can Equities Continue The Rally?
All major equity sectors except for one were higher last week.
All major equity sectors except for one were higher last week.
All major equity sectors were higher last week as stocks rallied on Friday.
Overall, equities did not react well to the inflation numbers that were released last week.
Equities barely held on to gains made early in the week last week. Fed speakers last week doused water on hopes the Fed would pivot soon.
Equities tried to rebound last week, but failed to hold on through Friday’s decline.
Both equities and fixed income assets dropped last week in response to a hawkish Fed rate announcement.