Unify Financial Advisors Weekly Market Update
Wall Street pulled back last week, ending a multi-week winning streak as elevated Treasury yields, higher crude oil prices, mixed corporate earnings, and weakness in several technology and mega-cap stocks weighed on markets. The Nasdaq fell 2.05%, the S&P 500 declined 1.43%, and the Dow lost 0.85%. Walmart reported its smallest quarterly sales increase since 2020 as some Americans continue to spend cautiously.
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