S&P 500 Retakes 50-dma As Bulls Swoop In
October 18, 2021 at 08:38 AM EDT
The S&P 500 finished the week above its 50-dma after a mid-week rally that carried into Friday’s close. The yield curve flattened last week as 10Y Treasury yields gave up a few basis points, while 2Y yields increased on inflation concerns.