MoneyMatters Blog
"In the investing blog, I seek to help you take sound investment decisions free from emotion by sharing my objective insights on markets, sectors, and companies."
Sam Subramanian
The S&P 500 fell 5.1% after the consumer price index report dashed hopes of peaking inflation. Investors feared the Fed would sharply raise interest rates.
U. S. stocks ended their 7-week losing streak with a sizzling rally. The Fed’s preferred inflation measure suggested that inflationary pressures had peaked.
The three major U.S. stock benchmarks fell last week. The DJIA’s eighth straight weekly loss marked its longest losing streak since April 1932.
The S&P 500 rose 2.4% last Friday as investors sought bargains amid signs of inflation peaking. Yet, the benchmark suffered its sixth straight weekly loss.
The S&P 500 fell for the fifth straight week after making massive gains on Wednesday due to rising concerns over the Fed’s interest rate policy.
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