Aqa
2023-02-24
$DJIA(.DJI)$ πŸ‡ΊπŸ‡Έ The Dow Jones Industrial Index is now 33037.91 point. It has been dropping for three consecutive days. This reflect the market's fear for the coming rate hikes by the Federal Reserve. 

There was a moment of confidence earlier today at the futures market where all the three major stock indexes climbed at least 0.4% but they are now all in negative after two hour into market opening. 

Equities traders are now pricing in a Fed peak rateof 5.55% by July, compared with 4.9% they were betting on at the start of this year. The stock markets fully price in a 25 basis-point hike in March, butassign a 24% probability for a 50-point hike. 

@TigerStars @MillionaireTiger @Tiger_chat 

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