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Following an election week packed full of record highs, last week was a sobering one for US equities, writes Ian Slattery.
The results of the US election created a wave of positivity in the US equity markets last week, principally founded on the belief that Trump’s administration will fulfil its promise of lower taxes and lighter regulation, writes Ian Slattery.
Major US equity indices ended the week higher, reaching new record highs as the beginning of earnings season helped to offset several disappointing economic reports, writes Ian Slattery.
US major equity indexes ended the week on a positive note on the back of a stronger than expected employment data, despite reports of a dockworkers’ strikes at Eastern seaports in the US, writes Ian Slattery.
The highlight of the week was the Federal Reserve’s rate announcement after its policy meeting concluded on Wednesday, writes Ian Slattery.
In the US, major equity indexes finished the week higher, recovering much of the losses from the week before, writes Ian Slattery.
US equities finished the week lower, with the S&P 500 Index experiencing its steepest weekly decline in 18 months, as concerns about an economic slowdown weighed on sentiment, writes Ian Slattery.
Major US equity indices ended the week mixed, writes Ian Slattery.
Last week, major US equity indices edged closer to record highs, writes Ian Slattery.
US equities posted a strong week of gains as investors reacted positively to encouraging news from both inflation and economic growth perspectives, writes Ian Slattery.