The week 18.04.-22.04.2022
25 Apr, 2022

U.S. equities markets fell the most in a single day since 2020 on Friday, following comments from Federal Reserve Chair Jerome Powell indicating the Fed would contemplate more aggressive interest rate hikes at its May meeting, as well as weaker-than-expected earnings reports. The S&P 500 concluded the week 2.60% lower, marking the third week in a row that the index closed in the red. Meanwhile, the 10-year Treasury note yield soared to a new three-year high of slightly under 3% as the global bond market sell-off continued.

One-Signal surpassed the benchmark, with One-Signal Xpress returning 2.19% and One-Signal Xpert returning 0.67%. The S&P 500 is down 10.60% year to date, with One-Signal Xpress returning 6.89% and Xpert 10.95%.

Tags: Reports,