The week 03.10.-07.10.2022
10 Oct, 2022

With gains on Monday and Tuesday, stocks began the week and a brand-new quarter on a substantially bullish note before turning down the following three days. The S&P 500 experienced its greatest two-day increase since March 2020 as a result of the market boom on the first two trading days of the week, adding a total of 5.7%. After monthly statistics revealed a decrease in job opportunities, Tuesday saw the greatest daily growth, stoking speculation that the Fed could be more willing to temper its course of swift interest-rate increases. Nevertheless, only the second positive week in the previous eight saw the major U.S. stock indices register weekly gains of between 1% and 2%.

According to expectations heightened by a strong monthly jobs report, which caused stocks to decline on Friday, the U.S. Federal Reserve is expected to approve a 0.75 percentage point interest rate increase for the fourth consecutive meeting next month.

ONE-SIGNAL started strongly into Q4, returning 4.93%, compared to it´s benchmark index with 0.83%.

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