The S&P 500 experienced a little weekly dip and was unable to keep up the week before's strong upward trend. Despite new information on inflation and retail sales, worries over the rate of future U.S. interest rate increases remained top of mind for many investors. The price increases suppliers demand from manufacturers of goods increased more slowly in October than experts had anticipated, according to a study, which boosted U.S. market indices on Tuesday. The government's Producer Price Index was the second recent source of good news on inflation, following the better-than-anticipated announcement on the Consumer Price Index from the previous week.
The S&P 500 closed the week down with -0.32%, making up a YTD performance of -17.01%. ONE-SIGNAL Xpress posted a strong performance with 1.03%. One-Signal Xpert lagged behind with -1.86%.