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Back Fundamental analysis
Market flees from giants
A fresh wave of selling in
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A fresh wave of selling in technology stocks has sent the S&P 500 tumbling at the fastest pace in nearly a month. Even the dovish rhetoric from Christopher Waller, a Federal Open Market Committee (FOMC) governor, failed to provide relief. Waller stated that the federal funds rate could fall by 100 basis points. While he is among the candidates for the Fed chair position, he is not considered a favorite. The futures market has not adjusted its expectations concerning the
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
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Igor Kovalyov
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