This post was originally published on TKer.co
Stocks fell last week, with the S&P 500 declining by 3.3%. The index is now up 5.4% from its October 12 closing low of 3,577.03 and down 21.3% from its January 3 closing high of 4,796.56.
The market moves came amid confirmation that the labor market remains very tight and a reiteration from the Federal Reserve that it has a “ways to go” before the central bank could declare victory in its fight with inflation.
All of last week’s developments…
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