Weekly Wall Street Cheat Sheet

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This Week's Wall Street Cheat Sheet

Inflation Fears Resurface: PPI and CPI Reports in Focus (Weekly Cheat Sheet)

As the legendary investor Warren Buffett once said, “The stock market is a device for transferring money from the impatient to the patient.” This week’s market action certainly tested investors’ patience, but those who stayed the course were rewarded with solid gains across the major indices. The S&P 500 led the charge, registering a 1.9% gain and closing above the key 5,200 level for the first time since April 9. The Nasdaq Composite and Dow Jones Industrial Average also logged impressive gains of 1.1% and 2.2%, respectively. Notably, the S&P 500 and Nasdaq Composite are now less than 1% away ...
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