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The narrative of stocks vs interest rates continued last week as bond yields moved higher and stocks pulled back once more, writes Ian Slattery.
Stocks and bonds both fell last week as a slew of positive economic releases manifested into fears about higher inflation and interest rates, writes Ian Slattery.
The effects of January stimulus cheques began to be felt as US retail sales blew expectations out of the water. The 5.3% reading was higher than expected by any of the 68 economists surveyed by Bloomberg. Ian Slattery reports.
Equities finished the week in positive territory as strong earnings and the prospects for US fiscal stimulus buoyed markets. Ian Slattery reports.
Energy stocks led US markets higher last week as the oil price sustained its strong start to the year. Ian Slattery reports.
Equities fell the most in three months as the US market posted its worst day since October last Wednesday. Ian Slattery reports.
Markets rose last week but were off record highs as investors weighed the short-term negativity with the potential for a more positive medium to long term outlook, writes Ian Slattery.
Equities took higher US bond yields in their stride as the US market closed at a record high on Friday, writes Ian Slattery.
Markets were relatively calm last week, in a shortened trading week given the festive period, writes Ian Slattery.