Weekly market review: 14/03-18/03

This was a great week for the stock market. S&P 500 increased by 6.2%, one of the best weeks for two years. This website (https://www.briefing.com/weekly-wrap ) argue that this was due to several factors including • Oil prices losing 5.6% • Fed Chair Powell saying the probability of a recession within the next year is low • Early reports indicating progress in ceasefire talks between Russia and Ukraine • China vowing support for its economy and markets