ClearWater Market Commentary as of December 10th, 2021
The S&P 500 Index recorded its best weekly gain since February, as fears seemed to abate about the new omicron variant of the coronavirus.
The S&P 500 Index recorded its best weekly gain since February, as fears seemed to abate about the new omicron variant of the coronavirus.
The major indexes ended the week mixed as investors weighed on strong economic and profits data against inflation fears, ongoing supply strains, and a rise in coronavirus infections in some regions.
The major indexes ended the week mixed as investors weighed on strong economic and profits data against inflation fears, ongoing supply strains, and a rise in coronavirus infections in some regions.
The major indexes ended the week mixed as investors weighed on strong economic and profits data against inflation fears, ongoing supply strains, and a rise in coronavirus infections in some regions.
Stocks retreated from record highs, as investors confronted data showing the highest inflation in three decades. On Tuesday, the S&P 500 Index registered its first decline in nine sessions, ending its longest winning streak since 2017.
Stocks posted impressive weekly gains as a relatively dovish Federal Reserve policy meeting, healthy economic data, and a strong tail end to the earnings season all boosted sentiment toward equities.
Most of the major indexes recorded gains and reached new highs. The week was the busiest of the third-quarter earnings reporting season, with several technologies and internet-related giants announcing results.
All the main indices moved to record highs, seemingly helped by a series of positive earnings surprises. Further reflecting the strong investor sentiment.
Stocks built on the previous week’s gains, helped by some strong economic signals and positive earnings surprises.
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ClearWater Market Commentary as of December 17th, 2021
Global equity markets declined over the week ended December 17. Equities were dragged down as central banks announced their shift to tighten monetary policy, which soured investor sentiment.