AAM Stocks Mixed, But Beat Market Battered By Rate Hike

Lilium Phoenix2 demonstrator
Credit: Lilium
The Federal Reserve’s 0.75% interest rate increase hit stock prices hard last week with the S&P 500 experiencing a 7.2% drop, but the Aviation Week AAM Stock Composite notched a 15.48% rise in a week shortened by one day for recognition of the new Juneteenth holiday in the U.S. Individually, the...

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