Inflation continues to make its way through every sector, while the Dow Jones (^DJI) ends its best week since December. Leadership from the Federal Reserve spoke this week signaling rates may continue to remain high. Utilities (XLU) performed well for the week, gaining over 4%. Life360 (LIFX) CEO Chris Hulls stops by to discuss how the app has transformed, while government's annual review of the Medicare program has shown an improvement in the program's financial health. For more expert insight and the latest market action, click here
The Dow Jones Industrial Average (^DJI) ends the day and the trading week in the green, red-hot as it blazes a trail in its eight-day winning streak. As the market recovers from a downbeat April, Yahoo Finance Senior Markets Reporter Jared Blikre reviews the biggest patterns emerging in May, including market volatility for equities, the push in metal commodities, and the fortitude of the bond market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Investors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.