The stock market capped a turbulent week by rallying over the past two days, as investors furiously shifted bets on how the Federal Reserve will proceed with interest rate increases in the wake of Russia’s invasion of Ukraine.
Investors bought the dip across markets over the last two days, wading back into risky assets from shares of rapidly growing companies to bitcoin. They poured about $3.6 billion into U.S. stock exchange-traded funds alone for the week through Thursday, with more than $3 billion going into the broad SPDR S&P 500 ETF Trust, according to FactSet.
