• Weekly Market recap - Friday, 21-Feb

  • Feb 21 2025
  • Length: 8 mins
  • Podcast

Weekly Market recap - Friday, 21-Feb

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  • Summary

  • US equities were lower this week, as stocks ended the week below best levels after the S&P 500 hit fresh record closes this week. This week saw a rotation toward defensives and away from cyclicals and tech. Data this week included February flash Manufacturing PMI ahead of consensus, though flash Services missed and fell into contraction for the first time in just over two years, with the report flagging uncertainty over federal government policies.
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