Tuesday, 1 November 2022

S&P 500 Extends Losses as Yields Charge Higher ahead of key Fed Decision. Now What?

US stocks erased strong morning gains and finished lower after better-than-expected US economic data triggered a jump in yields ahead of the Fed's monetary policy decision on Wednesday.

from DailyFX - Market News https://ift.tt/2BCdSGc
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...