Wall St dragged down by growth stocks on last trading day of torrid year

has dropped 7.9%, with investors preferring high dividend yielding sectors with steady earnings such as energy.

Focus has now shifted to the outlook for corporate earnings in 2023 as investors grow increasingly concerned about the likelihood of a sharp economic downturn due to the rate hikes. " back half of 2023 is going to be better because I believe the Fed will stop raising interest rates. And I also believe that they will talk about lowering interest rates."

“Torrid”, eh! Is “torrid” a euphemism for steady decline in valuation due to government-induced inflation, high interest rates, and eroding investor confidence?

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks edge higher on Wall Street; Southwest losses mountStocks edged higher in morning trading on Wall Street Wednesday as investors count down to the end of the worst year for the S&P 500 since 2008.
La source: wrtv - 🏆 598. / 51 Lire la suite »

Stock Market Today: What to WatchU.S. stock futures edged higher and crude oil prices fell, as China's reopening left some investors nervous. Follow the latest markets updates. It's time to decouple from China. America supports it
La source: WSJ - 🏆 98. / 63 Lire la suite »