It Will Be a quiz! Recap weekly markets
Part tested their endurance last week, as many riders have signed on Monday in Boston Marathon. Finally, shares with the three major indexes still positive, if she reached the finish line Friday.
Stocks had a slow start earlier this week with the persistent rise in raw material prices held every three indices for the delay. The adrenaline in the form of benign economic data, an increase hopes that the Fed could ease their 22 months, the rate increase campaign, met on Tuesday of each content of the mobilization of its biggest point share and profits in one year. Comments Fed of San Francisco President Janet Yellin-that economic growth would probably slow soon, with the Minutes of the last FOMC meeting, hence the concern of some banks to increase prices too high for However, an additional thrust.
The race has now changed, and investors welcomed the outcome, rather than being marginalized on inflation fears and the high prices of raw materials. The market continues to grow despite a report Wednesday showing record oil prices and consumer inflation is slightly higher than expected. General Motors of market power further on Thursday when he accelerates by nearly 10%, that their report to the first quarter, net loss decreased support of the Dow reaching their highest close in six years. Although the Dow has managed a new high Friday Hit the broader market, combat, hurt by the weak performance of the chip sector oil and an increase of more than $ 75 a barrel.
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