Tag: Strength In Consumer Spending

Unify Financial Advisors Weekly Market Update Markets were mixed last week as investors reacted to the Federal Reserve’s first interest-rate increase in three years, rising Treasury yields, and elevated energy prices. The Dow and S&P 500 declined 1.69% and 0.08%, respectively, while the Nasdaq gained 0.72% as technology stocks showed resilience. The 10-year Treasury yield climbed to approximately 5.00%, weighing on utilities, ...