Dow Gains Despite Third Straight Week of Losses on Rate Fears: Live Updates and Market Analysis

February 17, 2023

The stock market ended the week on a positive note, with the Dow closing more than 100 points higher on Friday. However, the market was still down for the third straight week, as investors remain worried about rising interest rates.

World stocks skidded after an inflation report showed higher than expected price increases. Wall Street headed for another losing week, with the S&P 500 and Nasdaq both down more than 1%.

The US Dollar Index rose to a new multi-week high, signaling a bullish continuation. Treasury yields declined as investors digested the inflation report.

Overall, the market has been volatile in recent weeks, with investors concerned about rising interest rates and inflation.

View Full Coverage on USNN for more updates on the stock market.

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