Editor
Last week, the Federal Reserve held off raising interest rates after 10 increases in a row, instead waiting to assess how the economy has responded to the sharp rise in rates so far. This week, stock investors also paused for reflection, putting the recent rally on hold until the outlook becomes clearer.
The S&P 500 recorded its first weekly decline since early May, ending the index’s longest streak of gains since 2021. The S&P 500 has risen…
