Market Recap Week of 3/20/2023 Through 3/24/2023
Last week, the S&P 500 index rose 1.4% as comments from the Federal Reserve's Federal Open Market Committee sparked hopes for a slower pace of rate increases.
Last week, the S&P 500 index rose 1.4% as comments from the Federal Reserve's Federal Open Market Committee sparked hopes for a slower pace of rate increases.
Last week, the S&P 500 index rose 1.4%, recovering slightly from the previous week's tumble. It is now up 2% for the year-to-date, but down 13% for March.
The S&P 500 index fell 4.5% last week as a larger-than-expected rise in February jobs added to rate worries while investors also were spooked by the collapse of SVB Financial Group's Silicon Valley Bank.
Last week, the S&P 500 posted a 1.9% gain amid stronger-than-expected February services data and comments by Atlanta Fed President Raphael Bostic.
The S&P 500 extended its losing streak last week, closing in the red as heightened concerns surrounding the Federal Reserve's campaign against inflation weighed on Wall Street.
Last week, the S&P 500 index fell 0.3% amid worries that further monetary tightening might be needed to keep inflation in check.
Last week, the S&P 500 index fell 1.1% with the communication services sector leading a broad decline.
The S&P 500 index rose 1.6% last week amid better-than-expected quarterly results from some companies and a slower pace of rate increases from the Federal Open Market Committee. The index is now up 7.7% for the year.