Weekly Insight | May 26, 2021
It was another difficult week for prospective home buyers. Existing home sales for April were lighter than expected and down 2.7% from the
It was another difficult week for prospective home buyers. Existing home sales for April were lighter than expected and down 2.7% from the
Equities rebounded amid a down month with the S&P 500 advancing 1.4% on the week. Higher beta stocks had a better bounce with the
Higher-than-expected inflation was a large market-influencing concern this week. In April, prices increased by 4.2% year-over-year, as
The S&P 500 was down slightly on the week as sector dispersion was again a major factor. Materials were up more than 4% while both