The S&P 500, the Dow Jones Industrial Average and the Nasdaq registered their biggest 3-session percentage gain since early November 2020 after the reports boosted risk appetites in a market already benefiting from bargain hunting.The S&P 500, the Dow Jones Industrial Average and the Nasdaq registered their biggest 3-session percentage gain since early November 2020 after the reports boosted risk appetites in a market already benefiting from bargain hunting.
The S&P 500, the Dow Jones Industrial Average and the Nasdaq registered their biggest 3-session percentage gain since early November 2020 after the reports boosted risk appetites in a market already benefiting from bargain hunting.The Fed had raised interest rates by a quarter of a percentage point on Wednesday as expected and forecast an aggressive plan for further hikes while policymakers also trimmed economic growth projections for the year.
“The fact there were no significant negative surprises in the Fed’s plans coming out of the meeting, and Powell’s commentary, gave people a sense that maybe we’ve seen as bad as it’s going to get in the near term.” The energy sector was the biggest percentage gainer among the S&P’s 11 major industry sectors, ending up 3.5% as oil prices rose 8% as the crude market rebounded from several days of losses with a renewed focus on supply shortages in coming weeks due to sanctions on Russia.
The US Treasury yield curve rebounded, after earlier reaching its flattest level in more than two years.
I'm sharing this because this was exactly how i saw so many posts about William church and how he was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact him via his profile link below 👇👇 Williamchurch07