FactSet Weekly Market Recap - Friday, 18-Jun
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US Equities heading towards a lower finish this week with all sectors lower and Value groups extending this week's big underperformance to Growth. Hawkish takeaways from the Fed meeting has led to heightened scrutiny of the reflation trade with several competing dynamics in focus. Bipartisan infrastructure continues to garner significant attention as legislators await President Biden's review of the most recent proposal. Healthcare and Hospital stocks got a boost after the Supreme Court upheld the Affordable Care Act.
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US equities ended higher this week and largely in waiting mode ahead of next week's CPI reading. Market navigated a largely catalyst-free trading period this week with depressed volumes as it waits for next week's April CPI reading. There were both bullish and bearish narratives throughout the...
Published 05/10/24
Published 05/10/24
US equities ended higher Thursday, extending the week's upside, with S&P 500 and Nasdaq both on pace for third-straight weekly gains after three-straight weekly declines. The market had a generally constructive tone today, though there is still a lot of anticipation for CPI next week. Weekly...
Published 05/09/24