collected by :Jack Luxorcollected by :Jack Luxor
According to Dow Jones data, that reversal marked the largest blown lead for the market since Feb. 10, 2016 (see chart below which shows the day's action, with the red line representing Tuesday's close). Read: MarketWatch's Market Snapshot columnStill, the tech-heavy Nasdaq Composite Index's COMP, -0.02% retreat might be the most gutting. Some market players viewed that as hawkish and not particularly supportive for stocks because shrinking the balance sheet can result in higher borrowing costs. After staging what was shaping up to be a healthy stock-market surge, equity-index benchmarks buckled Wednesday, ending squarely in the red and registering their worst reversal since February 2016. Check out: How you'll know if the stock-market bulls remain in control—in one chart
according to Stock prices rose across most industries, and equity prices for financial firms outperformed broader indexes. The minutes from the March meeting of the Federal Open Market Committee released Wednesday showed that many Fed leaders believed the stock market was too expensive. In June, during her testimony before the Senate, Federal Reserve Board Chair Janet Yellen said she was worried about the upward trend in stock prices. "Although equity valuations do not appear to be rich relative to Treasury yields, equity prices are vulnerable to rises in term premiums to more normal levels, especially if a reversion was not motivated by positive news about economic growth." This isn't the first time the Fed has expressed concerns about the high price facebook/" target="_blank">tagof US equity markets.
according to
read more visit us Money
According to Dow Jones data, that reversal marked the largest blown lead for the market since Feb. 10, 2016 (see chart below which shows the day's action, with the red line representing Tuesday's close). Read: MarketWatch's Market Snapshot columnStill, the tech-heavy Nasdaq Composite Index's COMP, -0.02% retreat might be the most gutting. Some market players viewed that as hawkish and not particularly supportive for stocks because shrinking the balance sheet can result in higher borrowing costs. After staging what was shaping up to be a healthy stock-market surge, equity-index benchmarks buckled Wednesday, ending squarely in the red and registering their worst reversal since February 2016. Check out: How you'll know if the stock-market bulls remain in control—in one chart
according to Stock prices rose across most industries, and equity prices for financial firms outperformed broader indexes. The minutes from the March meeting of the Federal Open Market Committee released Wednesday showed that many Fed leaders believed the stock market was too expensive. In June, during her testimony before the Senate, Federal Reserve Board Chair Janet Yellen said she was worried about the upward trend in stock prices. "Although equity valuations do not appear to be rich relative to Treasury yields, equity prices are vulnerable to rises in term premiums to more normal levels, especially if a reversion was not motivated by positive news about economic growth." This isn't the first time the Fed has expressed concerns about the high price facebook/" target="_blank">tagof US equity markets.
according to
As the S&P 500 hits turbulence, here's a corner of the stock market to hide in
The San Francisco Fed's John Williams and a German sidekick are tackling them around when the stock market opens. Why exactly does the stock market keep wallowing below its March 1 peak? That doesn't mean stock bulls need to cash out completely, they say, even as they warn that the "technical condition" of the S&P 500 looks precarious. "Last quarter's rally was built on large-cap, expensive stocks advancing at the expense of small-cap, cheap stocks," say the Jefferies strategists. It easily could be a tough day for stocks, as traders are worrying about "Spar-a-Lago" and moping about yesterday's ugly finish.read more visit us Money
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