The benchmark S&P 500 index posted a 1.8% gain for the week. The Dow Jones Industrial Average rose 0.4%, while the Nasdaq composite fell 0.2%. The yield on the 10-year Treasury jumped to 2.48% from 2.34% late Thursday. Crude oil prices rose moderately after slipping earlier in the day. The pickup in oil prices helped lift energy stocks and banks, which rely on higher yields to charge more lucrative interest on loans. The U.S. and Europe announced a partnership Friday to reduce the continent’s reliance on Russian energy in hopes of further isolating Moscow. The conflict in Russia has added to global concerns about rising inflation and the potential for economic growth to slow even more than anticipated. . . .
[su_button url=’https://www.pe.com/2022/03/25/us-stocks-end-mostly-higher-after-another-up-and-down-day/’ target=’_blank’ style=’ghost’ background=’#010066′ color=’#010066′ size=’2′ wide=’no’ center=’no’ radius=’auto’]Read more at www.pe.com[/su_button]
By
By
By
By
By
