Investing.com -- Ongoing volatility in equities is expected in near-term, although shares should trade higher in the coming 6-12 months, according to analysts at UBS.) in particular reversing an earlier loss stemming from a Bloomberg News report that it had been sent a subpoena by the US Department of Justice.all recorded their biggest daily percentage fall since August.
"The S&P 500 has declined in September in each of the last four years and seven of the last ten. This historical context may help explain why Tuesday's move could be signaling a broader risk-off sentiment as investors brace for potential volatility," the analysts said. Meanwhile, the Federal Reserve will likely be monitoring the labor market numbers as policymakers gauge a potential interest rate cut at their next gathering later this month.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »