Economic Beat: Major U.S. equity indices ended the week low

How will current market developments affect you? The thought leaders at Fifth Third Bank can help make sense of it all. Listen to the Economic Beat as they discuss what happened last week and what they expect will be the focus of this week.

Economic Beat: July 18, 2022

The major U.S. equity indices ended the week lower following a higher-than-expected Consumer Price Index (CPI) report mid-week. For the week, the Dow Jones Industrial Average fell 0.2%, the S&P 500 declined by 0.9%, and the Nasdaq Composite ended the week 1.6% lower. Bond prices rallied last week, with the yield on the 10-year U.S. Treasury note declining to 2.93% at the end of the week as demand for safe-haven assets continued to rise. Listen to this week’s full #EconomicBeat update or read the transcript.

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