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Weekly Market Recap – February 27, 2023

Azzad Asset Management Podcast and Market Recap

Wall Street reacted negatively to hotter-than-expected inflation data at the end of last week. Each of the major benchmark indexes closed lower, with the Nasdaq falling more than 3.3%, while the remaining indexes suffered losses close to 3.0%. The S&P 500 endured its worst week in 2023, while Treasury yields climbed higher, as bond prices […]