The major indexes ended up mixed over a holiday-shortened week, which saw the release of the first major corporate earnings reports of 2022. Value stocks continued to outperform their growth counterparts, but small-caps regained ground lost the previous week on large-caps.
The major indexes finished lower for the week, with small-caps and growth stocks lagging considerably.
The major indexes ended mixed for the week, with the S&P 500 Index closing out its best month since December but its worst quarter since early 2020.
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ClearWater Market Commentary as of April 22nd, 2022
The major U.S. equity indexes ended the week lower. The Russell 1000 Growth Index stocks gave up more ground than its value counterpart, while the large-cap S&P 500 Index posted steeper losses than the S&P SmallCap 600 Index and the S&P MidCap 400 Index.