Stocks staged another Friday afternoon rally but it wasn’t nearly enough to push the major U.S. indexes out of the red for the week.
Thanks to a strong rally on Friday, U.S. stocks ended in the green for the second straight week.
Greenwich, Connecticut, February 20, 2018 – Wright Investors’ Service, Inc. announced today that the Wright Large Cap Core Equity strategy has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers. Wright Large Cap Core Equity received 2-Star rating for the period ended December 31, 2017.
Stocks rebounded sharply last week following two of their worst weeks in years.
Global stocks fell sharply for the second straight week, with equities having their worst week in more than two years.
Stocks had their worst week in years as interest rates surged to their highest levels in four years.
The stock market rally showed no signs of slowing down last week as all three major U.S. equity indexes rose over 2%.