Week In Perspective November 27, 2023: Short Week Strong for Stocks
Investor enthusiasm for stocks remained strong last week, buoyed by declining bond yields in a holiday-abbreviated trading week.
Investor enthusiasm for stocks remained strong last week, buoyed by declining bond yields in a holiday-abbreviated trading week.
Stocks extended their November rally last week as investors cheered lower-than-forecast inflation data.
A powerful Friday rally left stocks higher last week, extending the market’s early November gains.
Rising bond yields, geopolitical tensions, sticky inflation, and mixed earnings reports combined to push stocks lower last month.
Stocks ripped higher last week on a dramatic retreat in bond yields triggered by easing inflation and a slowing labor market.
Amid a busy week of corporate earnings reports, stocks slumped on cautious earnings guidance, fears of higher interest rates, and growing anxiety over the increasing amount of Treasury bonds and notes coming to market.
Rising bond yields and uncertainty over whether this was the close of the Fed’s rate-hike cycle dragged markets lower last week despite solid corporate earnings results.
Stocks ended mixed last week amid the outbreak of hostilities in the Middle East and higher-than-expected inflation data.
Stocks lost a portion of their first-half gains in the third quarter as a continued tight monetary bias from the Federal Reserve sent bond yields higher, unsettling stock investors throughout August and September.
A Friday rally overcame a shaky week, sending stocks mostly higher.
Rising bond yields and government shutdown fears left stocks in mostly negative territory for the week.
Investor sentiment took a decidedly negative turn last week when investors were caught off-guard by the Fed signaling another potential rate hike this year, upending hopes that the Fed might finish its current rate-hike cycle.
Stocks ended the week roughly where they began as investors digested a mixed set of new economic data.
Concerns that the Fed may raise interest rates soured investor sentiment, sending stocks lower in a holiday-shortened trading week.
After sliding for much of last month on rising yields, credit rating downgrades, and economic weakness out of China, stocks staged a late-August rally to help trim losses.
Investor sentiment turned positive last week as signs of economic softness were interpreted as reason for the Fed to hold off on further rate hikes.