A conciliatory tone on trade from both China and the US as well as easing fears around a military escalation stemming from Syria’s apparent chemical attack led to rising stock prices. Tech stocks got a boost from well-received testimony from Facebook CEO Mark Zuckerberg, though many officials cited the need for increased regulatory oversight of personal data and privacy. The market continued to digest comments from Fed Chairman Powell last week reiterating a view for gradual rate hikes. Bonds were down modestly for the week.
S&P 500: 2,648 (+1.7%)
FTSE All-World ex-US (VEU): (+1.0%)
US 10 Year Treasury Yield: 2.82% (+0.05%)
Gold: $1,333 (+0.3%)
EUR/USD: $1.234 (+0.5%)