S&P 500 notches two-week losing streak ahead of key Fed rate decision (NYSEARCA:SPY)

S&P 500 notches two-week losing streak ahead of key Fed rate decision (NYSEARCA:SPY)

The S&P 500 (SP500) on Friday retreated 0.13% for the week to end at 5,116.95 points, posting losses in four out of five sessions. Its accompanying SPDR S&P 500 Trust ETF (NYSEARCA:SPY) slipped 0.42% for the week.

The benchmark index logged its second straight weekly loss, though the fall continued to be mostly marginal. Wall Street got a bit of a reality check this week in the form of hotter-than-expected consumer and producer inflation data, along with a retail sales reading that pointed to a moderation in consumer spending.

The post S&P 500 notches two-week losing streak ahead of key Fed rate decision (NYSEARCA:SPY) first appeared on Investorempires.com.

 

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