Following hot on the heels of last week’s rampant inflation data, US Federal Reserve governors were queuing up to signal a faster withdrawal from the Fed’s $120 billion a month bond-buying programme. The constant drumbeat from one governor after another, including the Fed’s vice-chairman, took a little of the shine off US stocks but ensures that no investor will be surprised when the news is formally announced. The Dow Jones Industrial Average joined the FTSE 100 in being down on the week, and both have fallen about 2% from their recent highs. The technology heavy Nasdaq Composite index has been going in the opposite direction, however...

Stocks featured:

China Telecom Corporation

Cisco Systems

InPost

Macy's

Merck & Co.

Pfizer

Rivian Automotive

Walmart

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