The Weekly Snapshot of the Market:
The S&P 500 skidded back into correction on Tuesday, buckling to the economic fears mounting over the Russia-Ukraine War. This reality was reflected with higher energy and food prices, lower interest rates, falling stock prices and a stronger U.S dollar. Until there is a durable ceasefire or a meaningful truce, noisy headlines about the war will erratically determine the movement of hot money, the impact of which will dominate the performance of the stock market.
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By Hubert Marleau
By Hubert Marleau