Weekly Market Recap - Friday, 23-July
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Description
Domestic markets ending the week higher despite the big sell-off on Monday. Focus throughout the week has been on the COVID-19 delta variant, earnings tailwinds, heightned buyback volumes/expectations, positive corporate commentary, infrastructure bill progress and vaccine optomism. Tune in as we catch you up on the most pressing market themes and dynamics. Tickers mentioned: CMG, TSLA, JNJ, MCK, CAH, ABC, UL, SNAP, INTC
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Published 03/15/24
US equities were lower for the week, with the Nasdaq posting its second consecutive weekly drop and the small-cap Russell saw its worst week since the opening of 2024. Treasuries were notably weaker, with yields for most maturities seeing a five-day run higher. There was a big focus on the week's...
Published 03/15/24
US equities ended lower Thursday, though off worst levels, following a mixed session for stocks on Wednesday. Another big rate backup is the overhang on sentiment, particularly as it comes from sticky inflation concerns rather than from a firmer growth backdrop. Headline and core PPI came in...
Published 03/14/24