Weekly Insight - November 22nd, 2021
In the latest Weekly Insight: Earnings, central banks and inflation again
In the US, the S&P 500 and the Nasdaq eked out record closing highs as investors focused on upbeat retail and technology earnings which outshone hawkish inflation comments from a Federal Reserve policymaker.
In Europe, stocks ended in the red on Friday, clocking their first weekly decline in seven weeks on concerns over the economic damage from fresh COVID-19 lockdowns in the region that hammered cyclical sectors such as banks and automakers.
The Chart of the week: US stocks overwhelm