IPG Takes A 6% Hit

Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.

The Dow Jones industrial average lost 104 points last week, or 1 percent, to close Friday at 10,013. The Nasdaq slipped 14 points on the week, or 0.7 percent, to close at 1,904. Industry stocks also closed lower, as U.S. markets were rattled by rising oil prices, the prospect of rising interest rates and the onset of inflation—a triple threat to the economic recovery fueling marketers’ renewed commitment to spending. Not helping was the release of U.S.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in