Last week ended on a positive note, with all the benchmark indices posting gains for the week. However, experts expect the stock market to remain volatile on concerns over surging inflation and the consequences of the Russia-Ukraine war.
The S&P 500 index is down 4.3% year-to-date. Moreover, Wall Street banks have predicted aggressive rate hikes by the Federal Reserve to bring inflation under control. And the Russia-Ukraine crisis is worsening the scenario. The CBOE Volatility Index is up 25% year-to-date.
