Market Reactions Following Fed's Rate Decision

Reported 2 months ago

Concerns arose in the markets as the Federal Reserve opted to maintain key interest rates amid slowing economic indicators, hinting at a potential cut in September. The week ended with significant declines in major indices, particularly in the tech sector, following disappointing earnings reports from companies like Intel and Amazon. As analysts debate whether this marks the beginning of a recession or a buying opportunity, the focus shifts to upcoming economic reports and the search for a market bottom.

Source: YAHOO

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