Weekly Market Update: Recap of Stocks, Bonds, and Commodities Amidst Inflation and Geopolitical Concerns
Stocks struggled amidst inflation concerns and geopolitical tensions this week, with major banks' earnings disappointing investors. Bond yields rose, but Treasuries rallied on geopolitical uncertainty. Commodities remained flat despite a stronger dollar. March's CPI showed persistent inflation, while consumer sentiment hinted at cautious spending. Next week, focus turns to retail sales, housing data, and Fed Chair Powell's remarks.