What a Week: Fade to Green

Financial markets ran the gamut of fear to greed this week, with greed winning out in the end.

For the week, the Dow Jones Industrial Average rose 1.6%, the S&P 500 gained 1.6% while the Nasdaq Composite climbed 2.1%.

At its onset, the week didn't seem to have the makings of the S&P's biggest weekly gain since April. It started with a continuation of last week's theme: fear of inflation and rising rates. These concerns were prominently displayed Tuesday, as the 10-year Treasury yield eclipsed 5.30% intraday and closed at its highest level since 2002. Stocks cascaded lower in response, but Tuesday's decline proved to be the end of the selling, at least for this week. ...