Our Insights

At the start of the week, stocks extended the previous week's rally with some high-growth companies leading the move higher. Strong company profits fueled the market in the middle of the week until an earnings disappointment from a mega-cap company took investors by surprise.

An exceptionally volatile week, marked by wide intraday price swings, whipsawed investors with stocks ending higher following a surge to the upside on the final trading day of the week.

Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward pressure on prices.