👉 General Market Update: U.S. stocks surged Monday, another day of outsize moves on Wall Street, as investors tried to make sense of an unsettled economic outlook and geared up for another batch of corporate earnings. Experts claim that the big gains and losses underscored angst over a possible recession and the pace of interest-rate increases, rather than fundamental changes in the economy. Adding to those worries, recent inflation data showed rapid price growth has been hard to slow, making it more likely that the Federal Reserve will continue to raise rates aggressively.
Market Commentary - BOW 42
Market Commentary - BOW 42
Market Commentary - BOW 42
👉 General Market Update: U.S. stocks surged Monday, another day of outsize moves on Wall Street, as investors tried to make sense of an unsettled economic outlook and geared up for another batch of corporate earnings. Experts claim that the big gains and losses underscored angst over a possible recession and the pace of interest-rate increases, rather than fundamental changes in the economy. Adding to those worries, recent inflation data showed rapid price growth has been hard to slow, making it more likely that the Federal Reserve will continue to raise rates aggressively.