DBI - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast will be on Seeking Alpha, iTunes, Stitcher and Spotify. All three major stock market averages notched their second straight winning week, with energy topping Friday's sector leaderboard as crude oil advanced to nearly $120 per barrel following drone attacks on a Saudi Arabian fuel depot. The sector helped the S&P 500 to a 0.5% gain on Friday and a 1.8% rise for the week, while the tech-heavy Nasdaq fell slightly on Friday but led the major indexes for the week with a 2% rally and the Dow Jones ticked up 0.3%. The stock market's rebound has come even as the war in Ukraine continues with little sign of being resolved shortly and with interest rates shooting higher as the Federal Reserve stays on track to raise rates throughout the year. Two-year Treasury yields surged 15 basis points and the

For further details see:

Wall Street Breakfast: What Moved Markets