Global tensions over trade as the G-7 economic conference began Friday helped put European and Asian markets into a tailspin, and the weakness appears to be spreading to Wall Street. After a bunch of days where investors seemed to flock into growth stocks, the value stocks performed better on Thursday and growth stocks retreated. While tech struggled, other sectors found buyers in a session that brought to mind what investors often experienced in 2017. That kept the S&P 500 from having too big a loss despite the weakness in tech and financials. Fed Week About to Dawn: Consider getting some rest over the weekend, because next week features the Fed’s meeting starting Tuesday and ending Wednesday.

Source: Forbes June 08, 2018 14:15 UTC