S&P heads for worst week in three months as stocks face ‘reality check’

  • 📰 FT
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Hawkish Fed meeting and looming US shutdown have punctured equities’ post-election rally

The S&P 500 was on course for its worst week since early September despite a rebound on Friday after a hawkish Federal Reserve meeting this week helped trigger a “reality check” for high-flying Wall Street stocks. The benchmark climbed 0.6 per cent in on Friday, but remains 2.3 per cent lower this week.

Michael O’Rourke, chief markets strategist at broker Jones Day, said that in its post-election boom “the equity market forgot that President Trump is volatility bullish”. The Vix index of volatility, dubbed Wall Street’s “fear gauge,” this week hit its highest levels since a brief bout of market turmoil early in August. However, Treasury yields slipped on Friday after the Fed’s preferred measure of inflation showed marginally less price pressure than expected.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 113. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Federal Reserve cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumpingUS currency hits highest level in two years after central bank signals only half a percentage point of reductions in 2025
Källa: ftenergy - 🏆 47. / 63 Läs mer »

Powell's Hawkish Stance Triggers Market VolatilityThe Federal Reserve's latest meeting, coinciding with Trump's inauguration, has sent shockwaves through financial markets. Despite the expected interest rate cut, Powell's comments on inflation and future policy have sparked fears of a market correction.
Källa: FT - 🏆 113. / 51 Läs mer »