An exceptionally volatile week, marked by wide intraday price swings, whipsawed investors with stocks ending higher following a surge to the upside on the final
Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward pressure on prices.
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Deteriorating investor enthusiasm for high-valuation growth companies and a mixed start to the fourth-quarter earnings season made for a volatile week.
The Dow
A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year.
The Dow Jones Industrial Average fell 0.29%
Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron infections receded.
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Stock prices retreated last week as global central banks joined the Federal Reserve in taking steps to tighten monetary policy.
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A more benign reassessment of the possible economic risk posed by Omicron sent stocks sharply higher last week.
The Dow Jones Industrial Average picked up 4.02
Stocks took investors on a wild ride last week as the Omicron variant and Fed comments upended market expectations.
The Dow Jones Industrial Average fell 0.91%
News of a new, highly virulent COVID variant triggered a market sell-off on Friday, sending stocks into negative territory for the week.
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Stocks were mixed last week in choppy trading as investors battled the crosscurrents of good economic data and a troubling rise in COVID-19 infections globally
Stocks posted small declines last week as investors digested recent stock market gains and an unexpectedly high inflation read.
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A Federal Reserve announcement on tapering, a fresh batch of corporate profits, and encouraging economic data lifted stocks to another weekly gain.
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