Main US equity benchmarks closed the week higher and regained some ground following their worst weekly decline in two months. Energy and materials shares outperformed. Economic reports were mixed. US durable goods orders posted their steepest decline since April 2020. The ISM Manufacturing PMI ticked higher in February for the 1st time since May (although it remained in contraction territory at 47.7) while services PMI fell slightly but less than consensus expectations and still indicated moderate expansion (55.1).

Chinese car exports on the rise, the Dow is down year-to-date, while inflation numbers came in higher than expected. Each week, the Syz investment team takes you through the last seven days in seven charts.

Several upside inflation and growth surprises in the US pushed the S&P 500 Index to its worst weekly loss since early December. At its close on Friday, the index had surrendered roughly 35% of the rally that began in October, but it remained up 3.4% year to date. The Dow Jones Industrial Average is now in negative territory for the year, however. Growth stocks fell only modestly more than value shares.

US debt due to explode, hedge funds cover their short tech stocks, while Tesla stocks see huge trading volumes. Each week, the Syz investment team takes you through the last seven days in seven charts.

US equities ended mixed as investors weighed some healthy growth and profit signals against worries that inflation trends might surprise on the upside. Fears that the Fed would need to raise short-term interest rates more than previously expected caused US Treasury yields to increase and fostered a rise in the U.S. dollar, taking an especially large toll on oil prices and energy stocks. US CPI rose 0.5% in January, as expected, versus a revised 0.1% increase in December.

The 60/40 portfolio rising from its ashes, as the US economy continues to show resilience. Meanwhile, inflation-friendly stocks continue to enjoy superior performances. Each week, the Syz investment team takes you through the last seven days in seven charts.

The S&P 500 and Nasdaq Composite lost 1.1% and 2.4%, respectively, in what was their worst week since December. Energy stocks were the notable upside outlier and communication services shares the prominent laggard. Shares of Google parent Alphabet lost roughly USD 100 billion in market capitalization on Wednesday and fell roughly 10% for the week after Reuters reported that Google’s new artificial intelligence (AI)-based chatbot, Bard, mistakenly identified the first satellite to take a picture of an exoplanet in its first public demonstration on Monday.

After a very promising start of the year, investors are hopeful that markets will keep bouncing back with the resilience they have showed in January. Although the rate hike cycles now seem to have an end in sight, central banks still have much to handle. Here are ten stories to remember as we head towards springtime.

Most of the US equity indexes extended their winning streaks into February, helped by some upside surprises in economic data and Q4 earnings reports, as well as some dovish signals from the Fed. The S&P 500 reached an intraday high of 4,195 on Thursday, its best level since late August. A 23% jump on Thursday in Meta Platforms (Q4 beat + positive outlook) provided a major boost to the Nasdaq.

Eurozone bounces back and ChatGPT burries its first editorial team, while the road to recovery remains bumpy for US equities. Each week, the Syz investment team takes you through the last seven days in seven charts.