The Markets (as of market close June 25, 2021)
Despite hawkish rhetoric from some high-ranking Federal Reserve officials, equities kicked off last week on
an upswing, enjoying their biggest rally in several sessions. Energy, financials, and industrials helped push
the S&P 500 up 1.4%. The Russell 2000 rebounded from a rough prior week, gaining 2.2%. The Dow
gained 1.8%. The Global Dow climbed 1.0%, while the Nasdaq advanced 0.8%. Treasury yields and crude
oil prices moved higher, while the dollar dipped.