Markets Bounce Back Amid Inflation Concerns

U.S. equities finished the week in positive territory, despite experiencing large intraday swings due to earnings, economic data, and policy developments.

The markets opened on a constructive note, supported by lower yields and optimism around technology earnings, which fueled risk appetite.

However, sentiment turned cautious midweek as renewed U.S.-Iran tensions pushed oil prices higher, raising inflation concerns ahead of the Federal Reserve's (Fed) policy decision.

A Fed rate hold, softer Personal Consumption Expenditure (PCE) inflation data, and strong results from select mega-cap technology companies helped stabilize sentiment, pushing markets into positive territory Friday.