An improving inflation outlook buoyed investors’ spirits last week, helping lift stocks to solid gains.
Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy.
In a holiday-shortened trading week, stocks rallied despite mixed economic data and vacillating energy prices and bond yields.
Prospects of cooling inflation powered a rally in stock prices last week despite growing recession concerns.
Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data.
A higher-than-expected inflation report triggered a sell-off on Friday, leaving stocks in the red for the week.
Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers.
Recession fears grew last week following weak earnings reports from major retailers, sending stocks lower.
In a volatile trading week, stocks extended their losses as economic growth and inflation concerns soured investor sentiment.
On Friday, a sharp sell-off sent major stock market indices into negative territory for the week, capping a volatile close to April.