Week in Review Week Ahead – August 19, 2022

People wearing face masks walk past a Bed Bath & Beyond store in New York.

John Nation | SOPA Images | LightRocket | Getty Images

Major stock indexes retreated last week, with the Nasdaq down 2.6%, the S&P 500 down 1.2% and the Dow Jones Industrial Average inching lower. The S&P 500’s weekly decline snapped a four-week winning streak. Contributing to the pullback was a hotter-than-expected retail sales number, excluding the impact of auto sales, and fears of more aggressive Fed tightening returned after minutes of the latest meeting were released this week .

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