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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (181497)11/1/2022 2:55:20 PM
From: Sdgla  Read Replies (2) | Respond to of 220986
 
Where will the markets settle after Powell & his gang announce inflation is out of control & they’re raising another .75 or a full point ?

Dow falls nearly 100 points on 1st day of November as Fed decision looms

Stocks tumbled on Tuesday as a new month of trading commenced. Traders also assessed better-than-expected economic data and what it spells for Federal Reserve policy going forward.

The Dow Jones Industrial Average fell 91 points or 0.3%. The S&P 500 and Nasdaq Composite shed 0.4% and 0.7%, respectively.

All the major averages opened higher but turned negative after [job openings data for September] showed a resilient labor market. Rates eased off their lows following the report, with the yield on 10-year last trading 2 basis points lower at 4.059%.

stocks.apple.com