Markets finished off the month of April down big amid a mixed first-quarter earnings season. For the month, the Nasdaq fell 15%, the S&P 500 fell 10.2% and the Dow fell 6.4%.
U.S. indices traded slightly higher for the session as stocks rebounded following a sharp sell-off Tuesday amid continued concerns over the economic impacts of Fed rate hikes, the Russia-Ukraine conflict and recent earnings reports.
U.S. indices traded higher Tuesday on continued volatility as traders assess Fed policy outlook, rising Treasury yields and quarterly earnings reports. Investors continued to assess upcoming corporate earnings while Tuesday saw another new 2-year high of 2.930% for the 10-year note.
U.S. indices fell Thursday to conclude the holiday-shortened week of trading amid continued concerns over Fed tapering in order to combat inflation. Investors also reacted to earnings from notable banks including Wells Fargo, Citigroup and Goldman Sachs.
U.S. indices finished higher Tuesday as investors weigh ceasefire negotiations between Russia and Ukraine. A drop in U.S. Treasury yields and a pullback in oil prices have helped lift market sentiment.
U.S. indices rallied into the close and finished higher amid continued Russia-Ukraine concerns. A pullback in oil prices following the recent crude rally has helped ease some concerns about rising commodity costs.
U.S. indices finished mixed Friday to conclude the trading week. Oil prices gained during Friday's session, which has continued to pressure economic sentiment.
The S&P 500 traded higher for the second week in a row and has now more than erased its initial losses following the Russian invasion of Ukraine.
U.S. indices traded higher Friday as investors continue to weigh Wednesday’s Fed rate decision and economic outlook. U.S. weekly jobless claims also came in lower than the prior week.
The S&P 500 gained more than 4% on the week, its best weekly performance since November 2020.