Tag: Correction

Rocky Week After Russian Invasion – Weekly Update

February 28, 2022 | By Steven DiGregorio

Geopolitical Events The build-up to Russia’s eventual invasion of Ukraine triggered elevated market volatility, resulting in broad-based selling that sent the S&P 500 into correction territory as the holiday-shortened week of trading began.4 The sell-off culminated on Thursday morning following the overnight incursion of Russian troops into Ukrainian territory, though markets staged a powerful late-day […] READ MORE

Rate Hike Talk Sinks Stocks – Weekly Update

January 24, 2022 | By Steven DiGregorio

Another Turbulent Week After the holiday weekend, stocks found little respite from this month’s selling pressures. The week began with the 10-year Treasury yield hitting a two-year high that triggered a broad retreat in stocks, with technology and other high-growth companies bearing the brunt of the losses. The Nasdaq Composite officially entered correction territory and […] READ MORE