Market Recap Week Ended April 5, 2024
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Personal Investor 1 min read

Market Recap Week Ended April 5, 2024

Modest retreat The prospect that an initial interest-rate cut could be delayed into the latter half of this year weighed on stocks, owing to strong economic data and cautious comments from U.S. Federal Reserve policymakers. The major indexes dropped more than 1% on Thursday, and a partial recovery on Friday didn’t prevent stocks from posting weekly declines.