Company / Analytics

Analytics, 18 September 2022

Week 37 in brief

North America

Stocks in the US fell to two-month lows after closing on Friday in the reds. Warnings from FedEx on an impending global slowdown were a major influencer in the downtrend as the company went on to withdraw its fiscal year earnings and massively retracted its quarterly earnings forecast lower.

All three major U.S. stock indexes slid to levels not touched since mid-July, with the S&P 500 closing below 3,900, a closely watched support level.

Other factors that contributed to the downtrend were inflation concerns, looming interest rate hikes, and ominous economic warning signs.

How did the major US indices perform

On Friday:

For the week:

What drove the US market

How did the European markets perform?

How did Asian markets perform?

Bonds and Commodities


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