- U.S. stocks snapped a two-week losing streak with the S&P 500 Index rising more than 6%. The gain was
enough to recover much of the lost ground over the past month.
- Growth stocks were among the strongest performers but remain behind value shares so far year-to-date.
Small-caps generally lagged large-caps over the week, although the different market-caps segments are
more evenly matched so far in 2022
- Within the S&P 500 Index, the previously beaten down consumer discretionary and IT sectors were the
top performers. Meanwhile, energy which was the top performer year-to-date was the only negative
sector over the week. The utilities sector was also a relative laggard.