Dow Jones, Nasdaq, S&P 500 are Under Pressure as Powell Sees Lots of Room to Hike

Seeking Alpha2022-01-27

The stock market is under selling pressure as Federal Reserve Chairman Jay Powell says there isplenty of room toraise rates.Trading remains very choppy. The VIX, while still lower, is back above 30....

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Comments

  • YnWa
    2022-01-27
    YnWa
    ‌[開心] ‌
  • eksp
    2022-01-27
    eksp
    [smile] 
  • eksp
    2022-01-27
    eksp
    😀
  • eksp
    2022-01-27
    eksp
    😀
  • eksp
    2022-01-27
    eksp
    😀
  • PearlynCSY
    2022-01-27
    PearlynCSY
    The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March. Fed Chairman Jerome Powell said asset purchases also are likely to halt in March. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&P 500 is down more than 8% to start the year and nearly 10% off its high.
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