Weekly Market Recap: Earnings Boost U.S. Equities, Stagflation Fears Loom, and Eyes on Economic Data Ahead
Earnings surprises from tech giants like Alphabet and Tesla propelled U.S. Equities to a nearly 3% surge, while stagflation concerns gripped investors amidst divergent inflation trends. As markets brace for key economic data releases ahead, including Nonfarm Payrolls and the FOMC meeting, uncertainty looms.