Market Recap Week of 3/13/2023 Through 3/17/2023
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.
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.
The S&P 500 index rose 2.5% last week as US Q4 domestic product came in better than expected, as well as some companies' quarterly results. The index has now risen in three of the four weeks of 2023.