May 4, 2015 Weekly Market Update from Maier & Associates Financial Group

Although May Day brought a rally in stock markets across the board, it wasn't enough to wipe out the week's losses. Several earnings reports and a disappointing GDP reading dampened the fervor that drove markets to new highs a week prior, while a Fed announcement fueled speculation about a June interest rate hike. The 10-year Treasury yield rose past the 2% mark.

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