Looking Back, Looking Forward – July 11, 2021
Trading was frenzied during the short trading week after inflation worries gave way to growth concerns. The S&P 500 ended the week 0.4% higher.
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Trading was frenzied during the short trading week after inflation worries gave way to growth concerns. The S&P 500 ended the week 0.4% higher.
This post features the best ETFs, Select Sector SPDRs, Fidelity funds, and S&P 500 stocks of second quarter, along with what to look forward to in the third quarter.
The S&P 500 lost 2.2%. The Fed upended markets forecasting higher inflation. Value stocks fell while growth stocks rose amidst declining bond yields.
The S&P 500 marked its third straight weekly advance to close at a record high as investors shrugged off inflation concerns and bond yields declined.
The May jobs report led investors to believe the Fed will maintain its easy-money policies longer. The S&P 500 advanced for a second straight week.
Helped by gains in re-opening trades and growth stocks, the S&P 500 broke its string of back-to-back weekly losses to end May with a fractional gain.
The S&P 500 fell for a second straight week. Crashing cryptocurrencies weighed on stocks. Investors also worried over how long interest rates will stay low.
U. S. stocks closed lower after rebounding from their week’s lows. Investors sought bargains after stocks sold off sharply on inflation jitters.
U. S. stocks closed the week at an all-time high on robust first-quarter earnings reports. The jobs report supported the Fed’s position on interest rates.
Mega-cap companies posted quarterly EPS well above analysts’ forecasts. Yet, U. S. stocks struggled and ended the week fractionally below the flatline.
