Copiers : 6 Followers : 55 Dear Etorians, 04/20/24 Higher-than-expected inflation data, a labor market that remains robust, geopolitical tensions in the Middle East and restrictive comments from Federal Reserve officials, including Chairman Jerome Powell, have pushed market participants to reconsider downwards the central bank's rate cut schedule. $SPX500 posts third straight weekly decline, led by technology and consumer discretionary sectors amid mixed earnings and Middle East unrest.