US equity indices finished mostly lower over the short holiday week, despite a strong rally in Friday’s session for major averages. The worst performing sectors in 2022 continued their strong run to start 2023 led by Communication services, Consumer Discretionary and Technology. Despite a number of headwinds including poor economic data, fears of a recession…
The Nasdaq and S&P 500 led gains to the upside with the largest underperformers from 2022 once again seeing the most strength to start 2023. Consumer Discretionary, Tech, Communication Services, Real Estate and Financials all outperformed the broader US benchmark. The week is expected to be one for the record books, with a range of…
US equity indices finished mostly lower over the short holiday week, despite a strong rally in Friday’s session for major averages. The worst performing sectors in 2022 continued their strong run to start 2023 led by Communication services, Consumer Discretionary and Technology. Despite a number of headwinds including poor economic data, fears of a recession…
Major indexes closed higher for a second straight week, posting their first back-to-back weekly gains in more than a month. The risk-on tone was largely driven by the soft-landing narrative, which picked up steam after the release of December’s CPI numbers which showed inflation fell to 6.5% y/y, in line with expectations and the lowest…