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U.S. equity markets broadly posted positive returns after another turbulent week of trading driven by a mixed bag of corporate earnings results and a strong jobs report that pushed interest rates higher.

The S&P 500 closed out the trading week on a positive note through all the volatility that took place. The S&P 500 Index is down 8% from its all-time high and is down 7% for the month of January in a market full of volatility.

U.S. equity markets posted their worst weekly performance since March of 2020 last week as market participants continue to grapple with the change in direction of policy from the Federal Reserve towards tightening financial conditions.