2024-04-08 07:47:00 ET
Summary
- The S&P 500 pulled back from last week's record-high close.
- On Monday, 1 April 2024, signs that oil prices are likely to rise in the months ahead pushed up inflation expectations.
- Later in the week, several Fed officials responded by trying to dial back expectations for when they will start cutting interest rates.
The S&P 500 (SPX) pulled back from last week's record-high close. The index ended the first trading week of April 2024 at 5,204.34 , a little under one percent below where it ended up the week before....
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S&P 500 Pulls Back As Fed Officials Get Lost On Road To Rate Cuts