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Markets in a Minute - 11 May 2021

Equities were mixed last week as strong earnings results competed with a renewed rotation out of growth stocks. The shift to higher-yielding value stocks weighed on the technology-heavy Nasdaq, which slid 1.5% in its worst weekly performance in two months. The S&P 500 and the Dow rose by 1.2% and 2.7%, respectively, after a rally on Friday helped to erase losses from earlier in the week.

Please find attached the latest edition of our ‘Markets in a Minute’ which provides commentary on the global markets and how these might be affecting your investments. We hope you find this useful.

Markets in a Minute - 11 May 2021
Equities were mixed last week as strong earnings results competed with a renewed rotation out of growth stocks. The shift to higher-yielding value stocks weighed on the technology-heavy Nasdaq, which slid 1.5% in its worst weekly performance in two months. The S&P 500 and the Dow rose by 1.2% and 2.7%, respectively, after a rally on Friday helped to erase losses from earlier in the week.
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