Domestic and International equities shook off last week’s volatility and posted a strong week of gains.
Equities, especially international, plummeted for the month of September as the delta variant continued to work its way through populations and a new variant threatens the globe.
Equities posted a second week of losses after the CDC announced the first omicron case and employment data disappointed.
Global risk assets tumbled for the week as the threat of a new covid-19 variant rises.
Domestic equities posted mixed results for the week after global case counts of the delta variant shot up, which dragged European equities off their recent record highs.
U.S. Equities faltered after inflation came in above expectations and jobless claims broke the recent trend coming in above expectations as well.
U.S. Equities took flight after a stronger than expected jobs report on Friday. The S&P 500 has closed at new highs for seven days in a row.
Equities warmed up as the weather cooled off. Risk assets were buoyed by the start of a strong earnings season, the S&P 500 had its best month since November of 2020 and most indices were in the green for October.
U.S. Equities shrugged off a miss on GDP and mega cap tech earnings disappointments and the S&P 500 and Nasdaq set fresh highs.
U.S. equities continue their grind higher with the S&P 500 hitting fresh highs during the week. International equities were mixed for the week.