U.S. Stock Futures Drop Ahead of Fed’s Favored Inflation Gauge

Wall Street Journal2022-06-30

U.S. stock futures fell as investors rebalanced portfolios ahead of the end of a grueling first half and awaited a gauge of inflation that Federal Reserve officials consider their preferred measure of...

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Comments

  • robot1234
    2022-07-01
    robot1234
    Stocks slide to close worst first half in 52 years: S&P 500 plunges 20.6% YTD, 8.4% in June. US stocks fell on Thursday, with the major averages logging steep declines for the month of June, second quarter and first half of 2022 as concerns over heightened inflation and the prospects of a recession weighed heavily on risk assets. Equities have been hit hard for months now as investors have weighed persistently hot inflation against risks of an economic downturn, as the Federal Reserve responds to inflation with faster tightening. Powell earlier in June suggested either a 50 or 75 basis point interest rate hike would most likely be on the table following the Fed's July meeting. And in the weeks since, a number of other key central bank officials have affirmed that the latter will probab
  • BKT
    2022-06-30
    BKT
    Good. Pls like thanks.
  • miker9110
    2022-06-30
    miker9110
    K
  • Tchwee56
    2022-06-30
    Tchwee56
    Like
  • Tchwee56
    2022-06-30
    Tchwee56
    Like
  • Jazling
    2022-06-30
    Jazling
    Wow
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