Latest News

S&P 500 Could Tank Another 14% As Wyckoff Distribution Pattern Is Unfolding

0

Reuters

Analysis-Bruised Wall St faces gauntlet of worries after market tumble

Battered U.S. stocks are facing a potentially painful stretch in the weeks ahead, as hawkish Federal Reserve policy, rising bond yields, geopolitical uncertainty and the corporate earnings season fuel investor unease. After last week’s sharp decline, the S&P is down 5.7% so far in April and is on track for its worst monthly drop since March 2020, when the spreading COVID-19 pandemic blasted stocks. “More variables in any equation create greater uncertainty in terms of the outcome,” said Michael Farr, president of Farr, Miller & Washington.

U.S Mortgage Rates Rise for a Seventh Consecutive Week

Previous article

Saudi Royals Are Selling Homes, Yachts and Art as Crown Prince Cuts Income

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News