In this week's recap: Despite Delta variant fears, stocks rise on strong jobs, strong earnings reports.
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Stocks open week on big highs, but end with small losses due to Delta concerns and a lower GDP.
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Markets overcome reaction to latest Delta variant news.
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Stocks retreat as inflation advances.
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Stocks edge higher in short week
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Employment reports and consumer confidence are up; stock
market replies favorably
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THE WEEK ON WALL STREET
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The Fed signals interest rate hikes.
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Positive labor numbers lead stocks to a modest gain.
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Upbeat feelings boost the stock market, with America reopening ahead of Memorial Day.
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Inflation concerns continue as the Fed weighs scaling back of bond purchases.
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A surge in consumer inflation unsettled investors, leading to a turbulent week of trading on Wall
Street.
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