Preferred securities appear attractive for those willing to take higher risk, but more risk-averse investors should consider investment-grade corporate bonds instead.

U.S. equites finished the last session of a volatile week higher, but posted losses on a weekly basis for the sixth-straight time.

In an all-to-familiar theme, U.S. equities shed early gains to finish mixed, adding to the volatility that has sent the major indices to levels not seen in over a year.

After looking as if U.S. equities may get a reprieve from the recent selloff, the markets turned lower midday to finish in the red in volatile trading in the wake of another hotter-than-expected consumer price inflation report.

U.S. equities were able to come off the lows of the day to finish mixed, as investors assessed a number of ongoing headwinds that remained in place, including concerns surrounding the Fed, inflation, and potential for slowing economic growth.

U.S. equities finished lower, adding to a recent selloff, as the markets continued to contend with a host of headwinds.