Tag: Rate Hike

Unify Financial Advisors Weekly Market Update Markets ended last week lower despite strong gains on Friday, as investors weighed rising energy prices, inflation, Treasury yields, and the increasing likelihood of a Federal Reserve rate hike. The Dow, S&P 500, and Nasdaq declined 1.57%, 0.80%, and 0.66%, respectively. Energy and communication services were the only sectors to post gains, while health care stocks fell more than 3.5%. Economic data ...