Weekly Market Update: June 27, 2022
U.S. stock prices snapped their three-week losing streak as major indices regained their footing after entering bear market territory.
Enjoy this collection of news and insights from our team at American Trust.
U.S. stock prices snapped their three-week losing streak as major indices regained their footing after entering bear market territory.
U.S. stock prices continued their downward trajectory as persistent inflation, central bank tightening, and higher yields sent markets lower.
U.S. stock prices recorded another week of solid losses despite some early-week strength as market volatility continued. The S&P 500 returned -5.04% as markets turned south Thursday afternoon and into Friday as investors grappled with a hotter-than-expected inflation reading and upcoming monetary tightening in Europe.
U.S. stock prices declined as investor sentiment shifted back toward skepticism around the Fed’s ability to restrain inflation. Now that the first quarter reporting cycle has effectively ended, analyst expectations for the second quarter have come into focus.
U.S. stock prices snapped the string of seven consecutive negative weeks as the S&P 500 recorded its best weekly result since November 2020, gaining nearly 7%.
U.S. stock prices declined for the seventh consecutive week as the S&P 500 reached bear market territory, declining more than 20% from its peak in January, using intraday prices.
U.S. stock prices generally declined for the sixth consecutive week as the S&P 500 inches dangerously close to bear market territory.
U.S. stock prices generally declined for the fifth consecutive week as persistently high inflation and monetary policy remain front of mind for many investors.
U.S. stock prices declined for the fourth consecutive week as the Nasdaq Composite finished the month of April down more than 13%, its worst monthly result since October 2008.
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