Weekly Investment Perspective May 17, 2022
May 17, 2022
Despite a strong rally on Friday, equity markets remained under pressure last week with the S&P 500 posting its sixth consecutive week of losses amid heightening inflation concerns. For the week, the S&P 500 tumbled 2.4%, while the Dow Jones and the tech-heavy Nasdaq lost 2.1% and 2.8%, respectively.