- Economic data for the week was highlighted by a FOMC meeting in which policy was left unchanged, some mixed to lower results for a variety of manufacturing and services indexes; the April employment situation report was mixed as well but continued to point to a strong underlying labor market.
- United States equity markets were mixed due to a waxing and waning of trade fears, whi
- Economic data for the week featured GDP for the first quarter coming in a bit better than expected, as were durable goods orders. In housing, home prices continued to rise, and home sales came in stronger than expected. Consumer sentiment/confidence also improved, as did jobless claims to multi-decade low levels.
- Equity markets were flattish to negative in the U.S.,