What Drove the S&P 500 to Its Worst Weekly Performance Yet
Saturday, 6 April 2024, 10:55
S&P 500 Weekly Performance Overview
The benchmark S&P 500 (SP500) witnessed its worst performance this year amidst market uncertainty.
Factors Influencing Rate Cut Expectations
- Strong Economic Data: The release of positive economic indicators dampened expectations of a rate cut.
- Market Volatility: The uncertainty surrounding future interest rate decisions contributed to increased volatility.
Investors grappled with contrasting market signals, resulting in a turbulent week for the S&P 500.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.