Tag: Markets

What to Expect in the Markets This Week

Key Takeaways

  • The CDC eviction moratorium is set to expire at the end of March unless it is extended.
  • This upcoming Tuesday, the Conference Board Consumer Confidence Index is released.
  • On Friday, unemployment numbers for Friday will be released.

The S&P 500 returned 1.6% for the week ending March 26, 2021. All but two of the S&P’s 11 sectors were up, the two laggards being consumer discretionary and communication services. Communication services was by far the biggest underperformer of the two, with its benchmark XLC ETF returning -4.0% for the week. The big driver of the sector’s underperformance was the

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Markets & Finance News | Reuters.com

FOREX-Dollar slumps to two-month low, investors see more declines

The dollar sank to its lowest
level in over two months against a basket of peer currencies on
Friday, as vote counting for the contentious U.S. elections
slowly moved toward a divided government and investors predicted
more losses for the currency.
Investors are betting that Democrat Joe Biden will become
the next president but Republicans will retain control of the
Senate, which will make it difficult for the Democrats to pass
the larger coronavirus relief package they have been pushing.
The need for more stimulus was underlined on Friday when the

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