Back-and-forth mood in equities ends with moderate losses<ul><li>S&P 500 down 24 points to 3995 (-0.6%)</li><li>Nasdaq -0.8%</li><li>Russell 2000 -0.6%</li><li>DJIA -0.4%</li><li>Toronto TSX Comp -0.5%</li></ul><p>The initial reaction was strongly negative to the Fed statement and that briefly extended on Powell's comments before a rebound. The bounce even led the indexes into positive territory briefly before sellers took over again. I don't think we've seen the final word on that market's reaction to the FOMC.</p>
This article was written by Adam Button at www.forexlive.com.
Source: Back-and-forth mood in equities ends with moderate losses (https://www.forexlive.com/news/back-and-forth-mood-in-equities-ends-with-moderate-losses-20221214/https://www.forexlive.com/news/back-and-forth-mood-in-equities-ends-with-moderate-losses-20221214/)
forexlive.com