Last week was volatile but you wouldn’t know it - if you only saw where the S&P 500 opened on Monday and where it closed on Friday.
There was a whole lot of movement last week just to end up basically where we started. The S&P 500 was down slightly as were large value and large growth. There was some divergence in performance in the small cap universe with small value also basically unchanged but small growth did return close to 1% on the week. Broad-based commodities also had a good week thanks to the continued decline in the U.S. dollar.
For the week ahead, does the rollercoaster ride for stocks continue? Well maybe because we do have a big week of earnings with roughly a third of the S&P 500 reporting including Tesla, Apple, Microsoft, Amazon, and Alphabet. In addition, we hear from the Federal Reserve and we’ll see if any news is broken during Federal Chair Powell’s press conference.
For a more detailed market report head on over to our Insights page. Where there are some of the key economic data points to be released this week. Also, subscribe to our YouTube channel and check out some of our other social media pages.
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