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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (137755)	11/17/2022 9:05:53 AM
From: Goose94	Read Replies (1) \| Respond to of 203325

HUV-T: Rate hikes loom over investor sentiment North American equity market futures are pointing to a weaker open amid mounting concerns over prospects for economic growth and rising rates. At last check, we’re looking at about a 0.6 per cent decline across the S&P 500, Nasdaq and Dow Jones Industrial Average, roughly in line with what we’ve seen in Europe. I won’t pretend to know all the catalysts, but we’ve heard from a raft of U.S. Federal Reserve officials, most notably San Francisco Fed President Mary Daly, who said a pause in rate hikes was “off the table”. To add to that, Goldman Sachs has boosted its view of the peak in U.S. rates to 5.25 per cent from its earlier view of five per cent – with higher rates typically trimming the wings of growth stocks. BNN.ca