After a mixed and choppy start, Wall Street's main indexes finished negative, as investors digested comments from U.S. Federal Reserve officials about the central bank's plans for interest rate hikes
The S&P 500 last week posted its biggest weekly percentage gain since late June, while the tech-heavy NasdaqRaindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo
More Fed officials are due to speak later this week along with a slew of data, including on retail sales and housing, and earnings reports from major retailers. "It just makes sense the market wants to pause and really both try to make sense of the trajectory and what the next drivers are going to be,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.
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