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U.S. stocks fell for a second straight week. The Fed raised interest rates and signaled that more increases would follow despite rising signs of a recession.
U.S. stocks retreated last week. Service industries grew while inflation proved sticky, fueling fears of the Fed pushing the terminal interest rate higher.
U.S. stocks rose after Fed Chair Powell hinted that the Fed might raise interest rates by 0.50% in December, lower than the 0.75% investors had feared.
The S&P 500 fell 0.6% after losses from rising interest rates and recession worries reversed the gains in stocks from weaker-than-expected inflation.
U.S. stocks surged after inflation rose less than expected, leading investors to believe the Fed may be less aggressive in raising interest rates.
U.S. stocks gave ground as stronger-than-expected job creation, and Fed Chair Powell’s comments on the outlook for interest rates unsettled investors.
Despite disappointing third-quarter earnings from large-cap information technology companies, the S&P 500 gained 3.9% last week as bond yields fell.
Better-than-expected earnings reports and hopes that the Fed could slow the pace of interest rate increases helped the S&P 500’s 4.7% gain last week.
U.S. stocks charted a volatile course for the week due to inflation concerns. The S&P 500 closed the week below its flatline, while the DJIA finished above.
U.S. stocks ended their three-week losing streak, although steep losses following the September jobs report wiped out most of the gains scored earlier.
THE GOOD NEWS JUST BEGINS!