Cynthia Tomczak

Markets Retreat Despite Strong Fundamentals

Markets Retreat Despite Strong Fundamentals

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,...

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Softer Payrolls Fuel Equity Gains

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...

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Health Care Rallies as Investors Rotate Out of Tech

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...

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