Stocks Give Back Early-Week Gains

Kent Fung

"Within our dreams and aspirations we find our opportunities." – Sugar Ray Leonard

Good evening,

Despite a sharp decline on Friday, the S&P 500 managed to eke out another week of gains, inching up 0.13%. The Nasdaq Composite ended up almost flat, slipping 0.08%. All told, this was arguably a decent showing given our week of hot inflation prints. 

Bigger numbers from headline CPI and PPI were largely expected due to the Iran war keeping crude, and thus gas prices, elevated. H...

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