Stocks rebounded last week after experiencing one of their worst weeks in years but ended the first quarter mostly in the red after dropping sharply in March.
Global stocks had one of their worst weeks in years last week, dragged down by fears of an escalating trade war, higher interest rates, and a big drop in shares of Facebook, one of the tech sector’s highest flyers.
Weighed down by fears of a global trade war and apparent disorder in the White House, stocks fell last week.
Capped off by another strong Friday rally, stocks had their best week in nearly a month.
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.