The slowdown in the rapid rise of interest rates over recent weeks lead to a shift higher in Wall Street last week. The S&P 500 added 1% while the tech-tilted Nasdaq 100 rose 1.1%.
Stocks closed with modest losses yesterday as the S&P 500 dipped 0.2%, the Nasdaq Composite remained flat, the Russell 2000 fell 0.45% and the Dow Jones Industrial Average slipped 0.15%.