U.S. equity markets declined during the week as a sharp selloff in semiconductor and AI-related stocks overshadowed encouraging inflation data, continued strength in energy prices and a solid start to second-quarter earnings season. Early results have been strong,...
Cynthia Tomczak
Renewed Geopolitical Tensions Raise Concerns Over Inflation
U.S. equity markets turned in a mixed but ultimately resilient performance during a volatile week as renewed geopolitical tensions between the U.S. and Iran drove sharp swings in oil prices, Treasury yields and semiconductor stocks. The S&P 500 gained 1.26% while...
Softer Payrolls Fuel Equity Gains
U.S. large-cap stocks gained 1.8% during the holiday-shortened week. Sentiment was supported by a softer June employment report, reducing concerns that the Federal Reserve would need to raise rates in the near term. Growth generally led value, and larger companies...
Health Care Rallies as Investors Rotate Out of Tech
U.S. large-cap stocks declined last week, weighed down by sharp losses in technology and communication services, even as mid- and small-cap stocks posted gains. Value continued to outperform growth across all size segments, extending a lead that has defined markets...


